"After several top American companies, including Apple, Oracle, NBCUniversal’s Bravo network, Comcast, Disney, and IBM, withdrew their ads from the social media platform X due to reports of Elon Musk’s ‘abhorrent’ promotion of antisemitism and racist hate, the billionaire dismissed “hundreds of bogus media stories” alleging that he is “antisemitic."
He further wrote on X that “Nothing could be further from the truth.”
As per reports, Musk, 52, on Wednesday endorsed a post on X that falsely claimed Jewish people were stoking hatred against white people, saying the user who referenced the "Great Replacement" conspiracy theory was speaking "the actual truth."
The antisemitic conspiracy theory — which posits that Jews want to bring undocumented minority populations into Western countries to reduce White majorities in those nations — is often espoused by hate groups.
Therefore, in protest of Musk's action, several top American companies have announced to drop their advertisement on X, the social media platform.
“IBM has zero tolerance for hate speech and discrimination, and we have immediately suspended all advertising on X while we investigate this entirely unacceptable situation,” IBM said in a statement.
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