Elon Musk’s X is now worth less than a third of the price the billionaire paid for the former Twitter.
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Social media platform X and X Pro suffered outages globally early on Thursday, according to Downdetector.com.
The EU is investigating X over suspected breaches of obligations, its first probe under the Digital Services Act.
Walmart said it is not advertising on X, one of the latest brands to say it has dropped the Elon Musk-owned site.
Elon Musk told advertisers that have fled X over antisemitic content to “go f… yourself” in a fiery interview.
X could lose as much as $75-million in advertising revenue by the end of the year, the New York Times reported.
Paris mayor Anne Hidalgo announced she was quitting X, calling it a “gigantic global sewer” that was “destroying our democracies”.
IBM’s move came after a report found its ads were placed next to content promoting Adolf Hitler and the Nazi Party.
Elon Musk has endorsed an antisemitic post on X that attacked members of the Jewish community.
Elon Musk’s artificial intelligence start-up, xAI, will be integrated into his social media platform X.