Elon Musk Promises to Allocate Part of X Revenue to Israel and Gaza
Businessman Elon Musk has announced that all revenue generated by X Corp from content related to the war in Gaza will be directed to Israeli hospitals and international humanitarian organizations operating in the enclave.
“X Corporation will donate all revenue from advertising and subscriptions related to the Gaza war to Israeli hospitals and the Gaza Red Cross/Crescent,” Musk wrote on the X social network.
Last week, U.S. Deputy Press Secretary Andrew Bates found antisemitism in Elon Musk's statements. This was reported by several American media outlets, including The New York Times.
Following this, companies such as Warner Bros., IBM, Apple, Lionsgate, and Paramount Global, which expressed their disapproval of the statements, stopped advertising on the X social network.
Musk himself stated that his remarks were taken out of context from a social media post and that their meaning has been willfully distorted.
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