Elon Musk Pitches Advertisers on a Return to X, Months After Telling Some to ‘F’ Themselves
The billionaire spoke onstage at the Cannes Lions International Festival of Creativity about advertising, artificial intelligence and more
The billionaire spoke onstage at the Cannes Lions International Festival of Creativity about advertising, artificial intelligence and more
Seven months after declaring that advertisers pulling their ads from his social-media platform X could “go f— yourself,” Elon Musk took a more congenial tone onstage at the advertising industry’s most important annual festival.
Musk joined Mark Read , chief executive of ad giant WPP, in a session Wednesday at the Cannes Lions International Festival of Creativity in France, a five-day event that draws thousands of the industry’s chief marketing officers, tech leaders, creative workers and others from around the world.
“Back in November, you had a message to us. You told us to go f— ourselves,” Read said. “Why did you say that? And what did you mean by that?”
Musk said that he had not intended the message for advertisers as a whole.
“It was with respect to freedom of speech,” he said. “Advertisers have a right to appear next to content that they find compatible with their brands. That’s totally fine…What is not cool is insisting that there can be no content that they disagree with on the platform.”
X in November was grappling with the departure of several large advertisers in the wake of a post by the billionaire describing a post that espoused an antisemitic conspiracy theory as “the actual truth.”
Musk later that month called the advertisers’ response “blackmail” and said the advertising boycott was “going to kill the company.” He also said he had tried to clarify after his post that he hadn’t meant anything antisemitic
In Cannes on Wednesday, Musk also said that the company has worked to overhaul its abilities to match its users with ads using AI.
For advertisers who haven’t been on the platform but might be mulling a return, Musk said he believed it was “worth trying out.”
“We are very focused on having ads be shown to people who would find the ad interesting,” he said. “That is something we have done and are making a lot of progress on.”
He added that the platform still sees activity from the likes of world leaders.
“If you’re trying to reach senior decision makers, if you want to reach the most influential people in the world…the X platform is by far the best,” he said.
Musk and Read also spoke about the future of AI as it pertains to creativity.
Musk said his company Neuralink aspires to enhance human intelligence so that people can keep up with AI. “It will certainly amplify creativity,” he said.
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For self-employed Australians, navigating the mortgage market can be complex—especially when income documentation doesn’t fit the standard mould. In this guide, Stephen Andrianakos, Director of Red Door Financial Group, outlines eight flexible loan structures designed to support business owners, freelancers, and entrepreneurs.
1. Full-Doc Loan
A full-doc loan is the most straightforward and competitive option for self-employed borrowers with up-to-date tax returns and financials. Lenders assess two years of tax returns, assessment notices, and business financials. This type of loan offers high borrowing capacity, access to features like offset accounts and redraw facilities, and fixed and variable rate choices.
2. Low-Doc Loan
Low-doc loans are designed for borrowers who can’t provide the usual financial documentation, such as those in start-up mode or recently expanded businesses. Instead of full tax returns, lenders accept alternatives like profit and loss statements or accountant’s declarations. While rates may be slightly higher, these loans make finance accessible where banks might otherwise decline.
3. Standard Variable Rate Loan
A standard variable loan moves with the market and offers flexibility in repayments, extra contributions, and redraw options. It’s ideal for borrowers who want to manage repayments actively or pay off their loans faster when income permits. With access to over 40 lenders, brokers can help match borrowers with a variable product suited to their financial strategy.
4. Fixed Rate Loan
A fixed-rate loan offers repayment certainty over a set term—typically one to five years. It’s popular with borrowers seeking predictability, especially in volatile rate environments. While fixed loans offer fewer flexible features, their stability can be valuable for budgeting and cash flow planning.
5. Split Loan
A split loan combines fixed and variable portions, giving borrowers the security of a fixed rate on part of the loan and the flexibility of a variable rate on the other. This structure benefits self-employed clients with irregular income, allowing them to lock in part of their repayment while keeping some funds accessible.
6. Construction Loan
Construction loans release funds in stages aligned with the building process, from the initial slab to completion. These loans suit clients building a new home or undertaking major renovations. Most lenders offer interest-only repayments during construction, switching to principal-and-interest after the build. Managing timelines and approvals is key to a smooth experience.
7. Interest-Only Loan
Interest-only loans allow borrowers to pay just the interest portion of the loan for a set period, preserving cash flow. This structure is often used during growth phases in business or for investment purposes. After the interest-only period, the loan typically converts to principal-and-interest repayments.
8. Offset Home Loan
An offset home loan links your savings account to your mortgage, reducing the interest charged on the loan. For self-employed borrowers with fluctuating income, it’s a valuable tool for managing cash flow while still reducing interest and accelerating loan repayment. The funds remain accessible, offering both flexibility and efficiency.
Red Door Financial Group is a Melbourne-based brokerage firm that offers personalised financial solutions for residential, commercial, and business lending.
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