Judge dismisses lawsuit by Musk's X Corp accusing advertisers of illegal boycott - Reuters

A judge has dismissed X Corp.'s lawsuit accusing major advertisers of orchestrating an illegal boycott of the platform following Elon Musk's acquisition in 2022. The case alleged that advertisers had coordinated to withhold spending from X in response to concerns about content moderation and the platform's direction under new ownership. The dismissal represents a legal setback for Musk's company in its effort to hold advertisers financially liable for reduced ad spending. X has faced sustained advertiser departures since the takeover, with major brands citing concerns over hate speech and misinformation on the platform. The ruling suggests courts may be skeptical of claims that advertiser decisions constitute illegal collusion rather than independent business choices.