Walmart Ends Advertising on Social Media Platform X Following Elon Musk's Controversial Statements
Date: 2023-12-02 Author: Dima Zakharov Categories: TECHNOLOGY
Walmart, the American retail giant, has opted to cease advertising on social media platform X, citing Elon Musk's anti-Semitic statements as the reason. According to Reuters, the decision was confirmed by a Walmart spokesperson who stated, "We do not advertise on X as we have found other platforms to better reach our customers."
Walmart Inc., known for managing the world's largest wholesale and retail network under the Walmart brand, joins a growing list of companies distancing themselves from platform X. This move comes after Elon Musk, the owner of the company behind platform X, expressed support for an anti-Semitic post on social media.
Several prominent American corporations, including Apple and Disney, have also announced the suspension of their advertising on platform X in response to Musk's controversial statements. This collective action is expected to impact Musk's company, potentially resulting in a loss of up to $75 million in advertising revenue by the end of the year.
In the aftermath of accusations of anti-Semitism, Musk embarked on a trip to Israel, where he met with Israeli President Isaac Herzog. However, just days later, Musk sharply criticized companies that decided to end advertising on platform X.
Walmart Inc., known for managing the world's largest wholesale and retail network under the Walmart brand, joins a growing list of companies distancing themselves from platform X. This move comes after Elon Musk, the owner of the company behind platform X, expressed support for an anti-Semitic post on social media.
Several prominent American corporations, including Apple and Disney, have also announced the suspension of their advertising on platform X in response to Musk's controversial statements. This collective action is expected to impact Musk's company, potentially resulting in a loss of up to $75 million in advertising revenue by the end of the year.
In the aftermath of accusations of anti-Semitism, Musk embarked on a trip to Israel, where he met with Israeli President Isaac Herzog. However, just days later, Musk sharply criticized companies that decided to end advertising on platform X.
