"Today @elonmusk gave a wide-ranging and candid interview ... He also offered an apology, an explanation and an explicit point of view about our position. X is enabling information independence that's uncomfortable for some people. We're a platform that allows people to make their own decisions. And here's my perspective when it comes to advertising: X is standing at a unique and amazing intersection of Free Speech and Main Street - and the X community is powerful and is here to welcome you. To our partners who believe in our meaningful work -- Thank You."
Musk on Wednesday gave a wide-ranging interview to New York Times columnist Andrew Ross Sorkin, in which the entrepreneur told X-boycotting advertisers to "go fuck [themselves]" and sought to explain his reasoning for resharing an antisemitic post on X. The statements came after major advertisers, including Disney, Apple, IBM and Paramount, pulled ad spend from the platform amid Musk's controversial comments, a damning report indicating that ads on X sometimes run alongside white nationalist and antisemitic content and an influx of misinformation on X about the Israel-Hamas war. The change has wreaked further damage on the company's already-suffering business, which has lost upwards of 55% of its ad revenue year-over-year every month since Musk's takeover.
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