Elon Musk-owned social media company X could lose as much as $75 million in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns, the New York Times reported on Friday.

Elon Musk-owned social media company X could lose as much as $75 million in advertising revenue by the end of the year as dozens of major brands pause their marketing campaigns, the New York Times reported on Friday.

  • mateomaui@reddthat.comEnglish
    71·
    1 year ago

    Funny, he’s not acting like it’s spare change. He’s in meltdown litigation mode over it.

    • [email protected]@sh.itjust.worksEnglish
      92·
      1 year ago

      Yea I merely meant to illustrate how fucking bananas that amount of wealth is.

      Sure, it’s more complicated than my comment let’s on.
      Most of that wealth is from the speculated value of stocks which can go tits up when investors lose confidence.
      He’s also petty, narcissistic and vindictive, so here we are.
      I wouldn’t be surprised if he tried to buy one of those companies just to shut them up/down.