Musk threatens to sue anti-defamation group for falling revenue
NEW YORK, United States -Elon Musk, the owner of social media platform X, formerly Twitter, said he is considering suing a leading anti-defamation group, arguing that its accusations of anti-Semitism have led the company to lose revenue.
Musk late Monday accused the US-based Jewish organization of making unfounded complaints against him and X that have scared away advertisers.
“To clear our platform’s name on the matter of anti-Semitism, it looks like we have no choice but to file a defamation lawsuit against the Anti-Defamation League… oh the irony!” Musk wrote on X on Monday.
“Based on what we’ve heard from advertisers, ADL seems to be responsible for most of our revenue loss,” he wrote, adding that the group “would potentially be on the hook for destroying half the value of the company, so roughly $22 billion.”
“Advertisers avoid controversy, so all that is needed for ADL to crush our US & European ad revenue is to make unfounded accusations,” he wrote in a long thread that started with a clarification that he favors free speech but is “against anti-Semitism of any kind.”