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International Business Times
International Business Times
Business

Court Rules Against Elon Musk's X in High-Profile Advertising Boycott Case

This combination of pictures created on October 10, 2023, shows (L) SpaceX, Twitter and electric car maker Tesla CEO Elon Musk during his visit at the Vivatech technology startups and innovation fair at the Porte de Versailles exhibition center in Paris, on June 16, 2023 and (R) the new Twitter logo rebranded as X, pictured on a screen in Paris on July 24, 2023.

A US federal judge has dismissed a major antitrust lawsuit filed by Elon Musk's social media company, X Corp., over allegations that top advertisers boycotted the platform.

The decision marks a significant legal setback for Musk, who has claimed that brands deliberately withheld billions in advertising revenue from X, formerly known as Twitter.

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