Elon Musk in lawsuit with former X clients over alleged illegal boycotts.
From Yahoo Finance: 2025-05-19 11:33:00
Elon Musk is embroiled in a lawsuit involving his company X, formerly known as Twitter, over alleged illegal boycotts by companies like Lego and Nestlé. Musk accuses them of conspiring to withhold billions in advertising revenue, while the defendants claim their actions were justified in a free market economy. The case challenges Musk’s perspective on competition and free speech. Musk’s lawsuit against former X advertisers faces strong opposition, with companies asserting their First Amendment rights to stop advertising on X. The companies refute Musk’s claims of conspiracy, stating individual decisions led to the ad boycott, and it remains uncertain whether the case will proceed.
Read more at Yahoo Finance: Elon Musk hit with scathing words from former X clients