Elon Musk Announces X Corp’s Ad Revenue Donation to Israeli Hospitals and Red Cross in Gaza
Elon Musk, owner of social media platform X (formerly Twitter), announced a donation initiative through Red Cross/Crescent, emphasizing care for the innocent regardless of background.
X Corp will be donating all revenue from advertising & subscriptions associated with the war in Gaza to hospitals in Israel and the Red Cross/Crescent in Gaza
— Elon Musk (@elonmusk) November 21, 2023
This move followed backlash for Musk’s support of an antisemitic post on X, leading to a decision to allocate ad and subscription earnings as donations.
The Tesla CEO faced criticism from various groups, including the Anti-Defamation League. In response to the controversy, Musk stated that X would file a “thermonuclear lawsuit” against Media Matters, accusing the media watchdog of misrepresenting user experience and undermining free speech.
Several major companies paused ads on X, and Musk defended the platform’s commitment to free speech despite objections from Media Matters and others.
The White House condemned Musk’s remarks, labeling them as unacceptable and reinforcing antisemitic conspiracy theories.