Elon Musk's X Faces $75 Million Loss in Ad Revenue This Year: 'Not Much We Can Do'
X, formerly Twitter, may lose up to $75 million in advertising revenue as companies pull their ads from the platform due to pro-Nazi content.
Over 200 companies, including Airbnb, Amazon, Coca-Cola, and Microsoft, have already discontinued or are considering discontinuing advertising on X.
Elon Musk acknowledged the loss in ad revenue and blamed advertisers and Media Matters for the boycott.