Elon Musk's lawsuit against major advertisers claims they conspired to withhold billions in ad dollars from X, previously Twitter. Advertisers refute his allegations, attributing their withdrawal to the toxic environment Musk fostered, rife with hate speech and disinformation. Since his takeover in late 2022, advertisers have exited en masse, exacerbating X's financial struggles. The Global Alliance of Responsible Media has dissolved amid the conflict, with various advertisers expressing a collective rejection of Musk's conspiracy claims and confirming their independent assessments of the platform's toxicity.
"It's an easily debunked claim that flatly ignores the extremely hostile environment the mercurial CEO has created on the platform, with hate speech and disinformation running rampant."
"Instead of acknowledging the sheer amount of damage he has done, Musk is accusing advertisers of colluding against him in the lawsuit, which he filed in August of last year."
"But now, GARM members and non-GARM members alike have joined forces to reject Musk's accusations of a conspiracy, pointing out that they each had individually determined X was far too toxic to advertise on."
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