Here we go again... He's now threatening to sue the Anti-Defamation League for $22 billion.
Elon Musk sues the Anti-Defamation League for $22 BILLION for 'trying to kill X by falsely accusing it and me of being anti-Semitic': X owner sets up huge defamation battle with groupElon Musk claims he is going to sue the Anti-Defamation League for defamation
Musk blamed the ADL for lost advertising revenue since he purchased Twitter
The billionaire claims the ADL has accused him and 'X' of being anti-Semitic
Elon Musk is suing the Anti-Defamation League for 'roughly $22billion' for allegedly trying to destroy X by accusing him and the social media giant of being anti-Semitic.
In a series of tweets sent out Monday night, Musk, 52, said he plans to sue the ADL 'to clear our platform's name on the matter of anti-Semitism.'
'It looks like 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 be on the hook for destroying half the value of the company, so roughly $22 billion.'
In May, it was reported that the app's value had fallen to one-third of what it was when Musk purchased it in October - from $45 billion to $15 billion in six months.
Musk's battle with the ADL began Monday morning when he called out the organization for being responsible for the company's quickly falling profits
'Since the acquisition, The @adl has been trying to kill this platform by falsely accusing it & me of being anti-Semitic,' he wrote in an initial tweet.
'Our US advertising revenue is still down 60 per cent, primarily due to pressure on advertisers by @adl (that's what advertisers tell us), so they almost succeeded in killing X/Twitter,' his tweet continued.
In a separate tweet, he shared that he believes the ADL is responsible for as much as 50 percent of Twitter's fallen value - 'roughly $22 billion,' according to Musk.
Earlier in the day, Musk responded to a tweet from X News Daily sharing that X's advertising revenue in the US is down by around 60 percent.
The account shared that the advertising revenue decrease is a 'significant factor behind X's continuing issues with achieving profitability.'
Musk purportedly believes that the ADL has urged advertisers not to use X over Musk's relaxing of rules around hate speech and harassment.
Some Jewish users online have claimed to see an uptick in anti-Semitic tweets that go unpunished by Musk and anyone else at X.
In response to the accusations of rampant anti-Semitism on the platform, the Chief Twit vehemently denied letting hate speech run free on his app.
'To be super clear, I'm pro free speech, but against anti-Semitism of any kind,' he wrote in a tweet.
Even with his ongoing battle, Musk said he has no plans to ban ADL from X.
Following his barrage of tweets about the organization, a movement to '#BanTheADL' has emerged from some of Musk's most devoted followers.
The CEO has engaged with tweets that are part of the movement but clarified online that he has no intention to ban them anytime soon.
'Despite the immense harm ADL has done to X/Twitter, they still will not be banned in this platform, unless they break the law,' he shared.
It's unclear whether or not Musk and his lawyers have filed an initial complaint against the organization.
ADL officials did not immediately respond to inquiries from DailyMail.com.
Just last month, X filed a lawsuit against a nonprofit group that monitors hate speech, making similar accusations of poisoning the water for online users.
Lawyers for X claimed the Center for Countering Digital Hate (CCDH) orchestrated a 'scare campaign to drive away advertisers from the X platform.'
At the time, X officials accused CCDH of publishing reports that indicate X did not take action against hate speech on the app.
They also accused CCDH of committing 'a series of unlawful acts designed to improperly gain access' to the platform's data,' in the lawsuit.
A study published in 2022 by Montclair State University shows there was a spike in hate speech the day after Musk took over Twitter in October.
According to university officials, the data showed a 'correlation between Musk's arrival' and 'hostile content on Twitter.'
Similarly, GLAAD recently named X - then Twitter - as the 'most dangerous platform for LGBTQ people' in its Social Media Safety Index.
Daily Mail