Foreign media: Musk faces threats, record marketers cut advertising spending on X platform
According to a report from the Financial Times, the number of advertisers planning to withdraw from X next year has reached a record high due to concerns about association with extreme content, undermining Elon Musk's efforts to turn the company's finances around. According to a global survey of industry executives conducted by analysis group Kantar, 26% of marketers plan to cut advertising spending on X in 2025, the largest drop recorded by major advertising platforms worldwide. Since taking over X in 2022, Musk has decided to relax content moderation in the spirit of free speech, leading major brands to withdraw from X. The survey shows that trust in the platform among advertisers has significantly declined over the past year, with only 4% of marketers saying that advertising on X is "brand safe," compared to 39% for Google.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Alex Mashinsky Gets 12 Years for Celsius Crypto Fraud
Prosecutors sought a 20-year sentence, describing him as "unrepentant," but the court ultimately imposed a 12-year term.
XRP VS SEC: Commissioner Crenshaw Opposes The Settlement
Ethereum Hits $1,803 With $1,860 Resistance From 5.58M ETH Holders

Sell Alert: 3 Altcoins With -50% or Worse Returns Heading Into Summer

Trending news
MoreCrypto prices
More








