(Bloomberg) — Elon Musk railed towards “bogus” media experiences accusing him of antisemitism, issuing his strongest response but after endorsing antisemitic content material in a put up on X that provoked outrage and alienated advertisers like Apple Inc.
Most Learn from Bloomberg
The backlash erupted final week after the billionaire Tesla Inc. chief and X-owner agreed with a put up that mentioned Jewish folks maintain a “dialectical hatred” of white folks. That message has since drawn criticism from the White Home in addition to a number of Tesla buyers. Walt Disney Co. was among the many large company names that’ve distanced themselves from the platform previously often called Twitter.
On Sunday, the entrepreneur tweeted that he wished “solely the perfect for humanity.” Hedge fund supervisor Invoice Ackman was amongst those that’ve leapt to Musk’s protection. The financier mentioned final month he could be interested by pursuing a take care of X Corp. as a part of a brand new funding automobile that targets personal corporations looking for to boost $1.5 billion or extra and presumably take them public, in response to the Wall Avenue Journal.
Musk has a monitor file of selling hate speech. His newest put up prompted criticism from each politicians and a number of the world’s largest corporations, who’ve lengthy urged the billionaire to raised management content material on his platform.
Learn Extra: Invoice Ackman Defends Musk After Antisemitism Backlash on X
–With help from Dana Hull.
(Updates with Ackman’s curiosity in X within the third paragraph)
Most Learn from Bloomberg Businessweek
©2023 Bloomberg L.P.
