Israel-Hamas War: 'X Corp's advertising revenue to be donated to Israeli hospitals, Red Cross in Gaza,' says Elon Musk
Israel-Hamas war, the CEO of Tesla, Elon Musk on Wednesday said that X Corp will donate all proceeds generated from advertising and subscriptions on the social media platform related to the Gaza war to Israeli hospitals and the Red Cross in Gaza. In a post on social media platform X, Musk wrote, “We will track how funds are spent and go through Red Cross/Crescent.
Better ideas are welcome. We should care about the innocent regardless of race, creed, religion or anything else." Also Read: Israel-Hamas war: Temporary ceasefire amid volatile situation; 10 major updates today It is to be further noted that it was in July this year that Musk renamed Twitter as X Corp.
after his 2022 acquisition of the service. Also Read: Disney joins Apple, IBM in pulling ads from Elon Musk's X over antisemitism controversy On being asked how to know that money won't end up in Hamas' hands, Musk replied to a user @ViralNewsNYC on his post, “We will track how funds are spent and go through Red Cross/Crescent.
Better ideas are welcome. We should care about the innocent regardless of race, creed, religion or anything else." Initially, Elon Musk did not specify the potential amount of funds that could be generated from advertising and subscription earnings, as he announced the decision to donate these proceeds to Israeli hospitals and the Red Cross in Gaza.
Also Read: Elon Musk blames Anti-Defamation League for fall in X Corp’s US ad sales In response to widespread criticism for endorsing an antisemitic post on the social media platform X, Tesla CEO Elon Musk has taken the step of allocating the revenue generated from advertising and subscriptions linked to the Gaza war to Israeli hospitals and the Red Cross in Gaza, as reported by CBS News. Also
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