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Fortune
Fortune
Tristan Bove

Advertisers are dumping Elon Musk’s Twitter as hate speech rises

Elon Musk with his arms raised wearing a cowboy hat and sunglasses while speaking at a Tesla event (Credit: SUZANNE CORDEIRO—AFP/Getty Images)

On the eve of completing his takeover deal for Twitter late last month, Elon Musk made a public pledge to advertisers that the looser content moderation policies he had in mind for the platform would not foment hate speech and turn Twitter into a “free-for-all hellscape.” 

While Musk explores how to boost Twitter’s revenue through subscriptions—including charging users $8 monthly to unlock special features including a blue check mark—for the time being, advertising continues to account for 90% of Twitter’s overall revenue.

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