Advertisers flee Twitter and cause massive revenue drop; Elon Musk blames ‘activist groups’ for their exodus

Elon Musk admitted on Friday that Twitter is taking a major financial hit from lost advertisers — and accused “activist groups” of “trying to destroy free speech.”

Earlier this week, a group of more than 40 civil rights and activist groups urged Twitter’s top 20 advertisers to withhold their advertising dollars unless Musk agreed to uphold content moderation standards and crack down on hate speech.

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