Elon Musk said his X social media platform will pay legal fees and bring lawsuits on behalf of people who were unfairly treated by their employers for posting or liking certain content on the site formerly known as Twitter.
“If you are treated unfairly by your employer for posting or liking this platform, we will fund your legal fees,” Musk posted on X on Saturday night, adding that he would pay for those costs. There will be no restrictions on funding.
“We’re not going to just sue, the lawsuits are going to be very loud, and we’re going after the boards of directors of these companies,” Musk later said in response to a post. Action.
Late last month, Musk said X had reached a “new high” in monthly user numbers, and shared a chart showing the latest user count of more than 540 million.
The figures come as the company is undergoing organizational changes and seeking to boost declining advertising revenue.
It’s also the latest in a series of comments from X executives claiming high usage of Meta Platforms’ July 5 launch of a competing platform called Threads.
Seventeen years after the iconic bluebird logo symbolizes spreading ideas to the world, billionaire Musk rebranded Twitter to X and unveiled a new logo in July to signify a focus on building “apps for everything.”
Musk had said in early July that the platform remained cash flow negative due to a nearly 50% drop in ad revenue and a heavy debt load. The expected increase in ad revenue in June failed to materialize.
© Thomson Reuters 2023
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