Elon Musk said Jewish non-governmental organisation Anti-Defamation League (ADL) destroyed half of X's value (roughly $22 billion) by pressuring advertisers to withdraw from X. "Advertisers avoid controversy, so all that's needed for ADL to crush our...ad revenue is to make unfounded accusations," Musk said. "We've no choice but to file a defamation lawsuit against ADL...oh the irony!," he added.