Elon Musk, at the New York Times DealBook Summit, caused a stir with a profanity-filled response to companies withdrawing their advertisements from his social media platform.
Elon Musk’s outburst followed an apology for his “dumbest” social media post, an antisemitic tweet, which he acknowledged as a significant mistake. Musk attempted to clarify his stance, asserting his philosemitic views, despite agreeing with a controversial post earlier.
On November 15, Musk sparked controversy by agreeing with a post that many considered to perpetuate the Great Replacement conspiracy theory.
The incident, coupled with a Media Matters report highlighting pro-Nazi content appearing alongside ads from major corporations on the platform formerly known as Twitter, led to several key advertisers, including Comcast, Lionsgate, Disney, Paramount, NBCUniversal, and Warner Bros. Discovery, pulling their ads.
Musk’s Direct Challenge to Companies and Advertisers
At the summit, Musk took an aggressive stance against the companies that withdrew their ads, telling them not to return and accusing them of attempting to blackmail him with their advertising dollars. His explicit message, directed partly at Disney CEO Bob Iger, was met with shock from the audience, including interviewer Andrew Ross Sorkin.
Musk expressed his frustration with what he perceives as hypocrisy in the corporate world, criticizing those prioritising appearances over ethics. Linda Yaccarino, the new CEO of the platform in question, was present in the audience as Musk made contentious remarks, effectively telling these companies they were not welcome back on his social media platform.