(Bloomberg) — Elon Musk railed against “fake” media reports accusing him of anti-Semitism, delivering his strongest response yet after endorsing anti-Semitic content in a post on alienated.
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The backlash erupted last week after the head of billionaire Tesla Inc. and That message has since drawn criticism from the White House and several Tesla investors. Walt Disney Co. was one of the big company names to distance itself from the platform formerly known as Twitter.
On Sunday, the entrepreneur tweeted that he “wished only the best for humanity.” Hedge fund manager Bill Ackman was among those who jumped to Musk’s defense. The financier said last month it would be interested in a deal with X Corp. as part of a new investment vehicle targeting private companies looking to raise $1.5 billion or more and potentially take them public, according to the Wall Street Journal.
Musk has long drawn fire for promoting hate speech. His latest post sparked criticism from both politicians and some of the world’s largest companies, who have urged the billionaire to better monitor the content on his platform. A series of advertisers also stopped spending on
Several advertising executives this weekend personally urged X CEO Linda Yaccarino to resign to save her reputation, the Financial Times reported, citing unidentified people familiar with the matter. But she refused to quit, saying she believes in the company’s mission, the FT reported.
Read more: Bill Ackman defends Musk after anti-Semitism response to X
–With help from Dana Hull.
(Updates with more advertiser pressure in the fourth paragraph)
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