The Biden administration strongly criticized Elon Musk, the billionaire owner of X Corp., after he responded to a social media post promoting an antisemitic conspiracy theory. Musk's comment, in which he agreed with the post's claim that Jewish people hold a "dialectical hatred" of white people, was deemed "abhorrent" by White House spokesman Andrew Bates.
The timing of Musk's reply was particularly troubling as it came just one month after the deadliest day for the Jewish people since the Holocaust. Bates emphasized that it is unacceptable to perpetuate such a hideous lie that contributed to the most fatal act of antisemitism in American history.
In a statement, Bates condemned Musk's promotion of antisemitic and racist hate, describing it as running counter to core American values. This public rebuke adds to the mounting pressure on Musk, who is also the CEO of Tesla, following IBM Corp.'s decision to suspend all advertising on X.
IBM's move was in response to a report by the Financial Times, which revealed that IBM ads had appeared next to posts supporting Adolf Hitler and the Nazi Party. An X executive confirmed that they had conducted an investigation and took action to ensure that those accounts no longer generate revenue. Moreover, specific posts will be labeled as "Sensitive Media" to prevent further monetization.
It is worth mentioning that in September, Musk reassured Israeli Prime Minister Benjamin Netanyahu that he stands against antisemitism and anything that promotes hate and conflict. However, his recent endorsement of an antisemitic conspiracy theory has sparked outrage and prompted calls for him to take responsibility for his actions.
In light of these events, Linda Yaccarino, the CEO of X, made a post urging everyone to stop discrimination across the board. Although she did not directly reference Musk, her message aligns with the widespread disapproval of his actions.
Our Latest News
Moderna Announces Positive Results from Updated COVID-19 Vaccine Trials
Moderna Inc. reveals promising results from clinical trials of its updated COVID-19 vaccine, showing effectiveness against new variants. Plans for widespread av...
First Majestic Silver Reports Wider Loss in Q3
Shares of First Majestic Silver declined after reporting a larger loss in Q3, attributed to lower production and restructuring costs. The company's shares dropp...
VinFast Stock Surpasses EV Sentiment, Defying Market Downturn
VinFast Auto stock performs exceptionally well while other EV companies face a downturn. The reasons behind its success are unclear, but it continues to attract...