Elon Musk says X Corp. will donate ad and subscription revenue tied to Gaza war

Elon Musk said that X Corp. will donate any revenue the social media platform generates from advertising and subscriptions linked to the war in Gaza to hospitals in Israel as well as to the Red Cross in Gaza. The move comes amid a growing backlash against Musk after he expressed support for an antisemitic post on X.

"We will track how funds are spent and go through Red Cross/Crescent. Better ideas are welcome. We should care about the innocent regardless of race, creed, religion or anything else," the billionaire wrote on X, formerly known as Twitter. Musk in July renamed Twitter as X Corp. after his 2022 acquisition of the service.

Musk, who frequently uses X as a forum to share his views and his company's accomplishments, added, "We should do whatever we can to build a better future for all."