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(Bloomberg) — Hedge fund supervisor Invoice Ackman defended Elon Musk after main advertisers pulled adverts from social media web site X over antisemitic commentary.
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Musk obtained backlash after he agreed with a publish that stated Jewish folks maintain a “dialectical hatred” of white folks. “You will have stated the precise fact,” the billionaire proprietor of X posted on Wednesday.
Learn extra: Musk’s Remark and Rampant Antisemitism on X Gasoline Outrage
That prompted criticism from the White Home and shareholders of Tesla Inc., Musk’s solely publicly traded firm, with some traders saying he needs to be suspended from his place as chief of the electrical carmaker. Advertisers from Apple Inc. to Walt Disney Co. have additionally suspended or halted spending on X.
Ackman, who’s chief government officer of Pershing Sq. Capital Administration, is price roughly $2.2 billion, based on Bloomberg’s Billionaires Index. A frequent contributer to social media, he has been vocal in calling for his alma mater Harvard to take steps to deal with antisemitism.
Learn extra: Ackman Urges Suspensions at Harvard to Deal with Antisemitism
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