Elon Musk has said the Disney chief executive, Bob Iger, should be
“fired immediately” after the world’s biggest entertainment company
joined an advertising boycott of his X platform.
Musk, the world’s richest man, has embarked on a series of outbursts
against companies halting their ad campaigns on the site, formerly known
as Twitter, after he endorsed an antisemitic tweet last month.
“Walt Disney is turning in his grave over what Bob has done to his
company,” Musk said in a series of tweets. “He should be fired
immediately.”
Advertisers including Disney, IBM and Apple have “paused” their ad spend
on X, which Musk bought for $44bn in October last year, since the
billionaire shared his support for a tweet accusing Jewish people of
“hatred against whites”, describing it as “the actual truth”.
Last week, the Tesla and SpaceX chief executive issued a profanity-laden
attack on advertisers joining the boycott in a widely shared interview
at the New York Times DealBook summit.
“Don’t advertise,” Musk said. “If someone’s going to try to blackmail me
with advertising, blackmail me with money, go fuck yourself.”
He has denied his controversial tweet was antisemitic but has
apologized, saying it might have been the “dumbest” thing he had ever
shared on social media.
“I mean, look, I’m sorry for that … post,” he said. “It was foolish of
me. Of the 30,000 it might be literally the worst and dumbest post I’ve
ever done. And I’ve tried my best to clarify six ways from Sunday, but
you know at least I think it’ll be obvious that, in fact, far from being
antisemitic, I’m in fact philosemitic.”
The X owner subsequently visited Israel and met the prime minister,
Benjamin Netanyahu, although they did not discuss the post or
antisemitism.
Musk, who announced in July that ad revenue at X had halved, said in the
interview that it had been a “hell of a year” and admitted he sometimes
says “the wrong thing”.
Last month, he said he intended to launch a “thermonuclear lawsuit”
against Media Matters accusing it of a “fraudulent attack” on X after
the US media watchdog said it found ads run by major brands being placed
alongside antisemitic content, including content praising Adolf Hitler
and the Nazis.
Musk has also filed a civil law suit against the Center for Countering
Digital Hate (CCDH), accusing the anti-hate-speech group of breaching
X’s terms of service by scraping the site for data subsequently used as
evidence in the nonprofit’s research. The CCDH has filed its own motion
to dismiss the suit, claiming it is an attempt at censorship that is
“riddled with legal deficiencies”.
In November 2022, Iger made a shock return as chief executive of Disney
after his hand-picked replacement was ousted after a disastrous tenure
that lasted less than three years. The 72-year-old had only officially
retired as executive chair at the end of 2021.
During Iger’s initial 15-year tenure, Disney made a series of big
acquisitions, including the Marvel film franchise, the Pixar animation
studio and the Star Wars film franchise. He retired as chief executive
in 2020, having delayed his exit several times to guide the company
through the early stages of the coronavirus pandemic.
The company enjoyed a fivefold increase in market value under his
leadership but after the appointment of Bob Chapek, who previously ran
the theme park division, Disney’s share price plummeted and its battle
to take on Netflix sent streaming losses soaring into the billions.
Disney suffered a rare setback at the box office recently, with the
family film Wish and its latest Marvel offering bombing with audiences.
Musk, who tweeted that Iger “drops more bombs than a B-52”, also accused
Disney of advertising on other social media platforms that hosted
controversial content.