Elon Musk blames Jewish group for plunge in X's US advertising revenue

Entrepreneur Elon Musk is blaming a Jewish organization for the plunge in US advertising revenue at his social media platform X, previously known as Twitter.

Musk posted a message on X on Monday. He said advertisers have told him that US ad revenue is down 60 percent, primarily due to pressure from the Anti-Defamation League.

He said, "Since the acquisition, the ADL has been trying to kill this platform by falsely accusing it and me of being anti-Semitic."

The ADL says it found over 5,000 examples of anti-Semitic posts on accounts reinstated by Musk. A report issued by the group says the platform has not been properly managing posts.

Some US media outlets are criticizing Musk. They say he should not completely blame the ADL for the drop in X's advertising revenue.