Elon Musk is threatening to sue the Anti-Defamation League for “approximately $22 billion” for attempting to destroy X by accusing him and the social media giant of being anti-Semitic.
In a series of tweets sent Monday night, Musk, 52, said he plans to launch a lawsuit against the ADL “to clear our platform’s name on anti-Semitism.”
“It appears we have no choice but to file a defamation lawsuit against the Anti-Defamation League… oh the irony!” the billionaire wrote.
He added, “In our case, they would potentially destroy half of the company’s value, so about $22 billion.”
In May, it was reported that the app’s value had fallen to a third of what it was when Musk bought it in October — from $45 billion to $15 billion in six months.
Elon Musk claims he will sue the Anti-Defamation League for defamation as he believes the organization is falsely accusing him and X of being anti-Semitic
“It seems we have no choice but to file a defamation lawsuit against the Anti-Defamation League… oh the irony!” the tech giant wrote in a tweet Monday night
ADL Chairman Ben Sax (left) and ADL CEO Jonathan Greenblatt (right)
Musk’s battle with the ADL began Monday morning when he accused the organization of being responsible for the company’s rapidly declining profits
“Since the takeover @ADL has been trying to destroy this platform by falsely accusing her and me of being anti-Semitic,” he wrote in a first tweet.
“Our US ad revenue is still down 60 percent, mostly due to @ADL’s pressure on advertisers (that’s what advertisers tell us) so they almost managed to kill X/Twitter,” his tweet continued.
In a separate tweet, he shared that he believes the ADL is responsible for up to 50 percent of Twitter’s depreciation — “about $22 billion,” according to Musk.
Earlier in the day, Musk responded to a tweet from X News Daily, in which he said X’s US ad revenue had fallen by around 60 percent.
The report said that the decline in advertising revenue was a “significant factor in X’s ongoing problems with achieving profitability.”
Musk allegedly believes that the ADL asked advertisers not to use X because Musk relaxed rules around hate speech and harassment.
Some online Jewish users have claimed to see a surge in anti-Semitic tweets going unpunished by Musk and everyone else at X.
In response to allegations of rampant anti-Semitism on the platform, the Chief Twit has vehemently denied allowing hate speech on his app.
“To be absolutely clear: I am for free speech, but against anti-Semitism of any kind,” he wrote in a tweet.
“Giving them the utmost credit, I don’t see a scenario where they are responsible for less than 10% of the value destruction, which is about $4 billion,” Musk wrote in another tweet
Despite his ongoing struggle, Musk said he has no plans to ban ADL from X.
Following his spate of tweets about the organization, a movement called “#BanTheADL” has sprung up among some of Musk’s most loyal supporters.
The CEO has addressed tweets that are part of the movement but clarified online that he has no intention of banning them any time soon.
“Despite the immense damage caused by ADL X/Twitter, they still won’t be banned on this platform unless they break the law,” he shared.
It’s unclear whether Musk and his attorneys have filed an initial complaint against the organization.
ADL officials did not immediately respond to inquiries from DailyMail.com.
It’s unclear if Musk and his attorneys have filed an initial complaint against ADL
A 2022 study by Montclair State University shows that there was a spike in hate speech the day after Musk took over Twitter in October
Just last month, X filed a lawsuit against a nonprofit group that monitors hate speech, making similar allegations of poisoning the water for online users.
At the time, X officials accused CCDH of publishing reports indicating that X had failed to take action against hate speech on the app.
In the lawsuit, they also accused CCDH of “committing a series of unlawful acts aimed at gaining unlawful access” to the platform’s data.
A 2022 study by Montclair State University shows that there was a spike in hate speech the day after Musk took over Twitter in October.
According to university officials, the data showed a “link between Musk’s arrival” and “hostile content on Twitter.”
Similarly, GLAAD recently named X — and then Twitter — as the “Most Dangerous Platform for LGBTQ People” in its Social Media Safety Index.