Elon Musk reacts during an in-conversation event with Britain’s Prime Minister Rishi Sunak in London, Thursday, Nov. 2, 2023. Kirsty Wigglesworth/AP

Elon Musk announces X revenue will be donated to Israeli hospitals

Asher Notheis November 21, 05:37 PM November 21, 05:37 PM Video Embed

Billionaire Elon Musk announced Tuesday that revenue generated on X, formerly known as Twitter, in relation to the war in Gaza will be donated to hospitals in Israel, along with the Red Cross and Red Crescent in Gaza.

Musk’s announcement comes after a multitude of companies announced that they would be boycotting X, including Apple, Disney, Comcast, IBM, Warner Bros., Paramount Global, and Lionsgate. These companies withdrew from the platform over fears that their ads would be displayed next to far-right messages.

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“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,” Musk posted on X.

https://twitter.com/elonmusk/status/1727050649400123686?s=20

When asked how he would ensure that these funds are given to these hospitals and nonprofit organizations, Musk stated that X would track how funds are spent to make sure both the Red Cross and Red Crescent receive them. The billionaire also added that he is open to “better ideas” regarding giving these funds to the nonprofit groups.

“We should care about the innocent regardless of race, creed, religion or anything else,” Musk wrote.

https://twitter.com/elonmusk/status/1727052277523906803?s=20

The companies that have left X come after the nonprofit group Media Matters for America alleged that advertisements from Apple, IBM, Amazon, and Oracle were among those that appeared next to far-right content on X. Musk has responded to the allegations with a defamation lawsuit against Media Matters, alleging that the media watchdog fabricated data in its report.

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On Monday, Texas Attorney General Ken Paxton announced he was opening his own investigation into Media Matters for its alleged fraudulent activity. The nonprofit organization is being prosecuted under the Texas Business Organizations Code and the Deceptive Trade Practices Act.

Musk recently faced controversy over a response he gave to a post on X criticizing Jewish communities, in which he said that the user expressing the criticism was saying “the actual truth.” Florida governor and 2024 presidential candidate Ron DeSantis has defended the billionaire, stating that while he had not seen a recent post from Musk deemed by critics as antisemitic, he has never seen Musk “indulge in any of that.”

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