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Uh oh, Elon: Half of European marketers plan to cut spending on X ads

The Next Web LogoThe Next Web19h ago

Uh oh, Elon: Half of European marketers plan to cut spending on X ads - The Next Web

Quick Summary:

The company found that trust in ads on X is now "historically low.” Unsurprisingly, the company’s reputation has plummeted under the leadership of Elon Musk.

When Musk bought the platform in 2022, trust from marketers stood at a worrying 22%.

In 2025, almost half of marketers in Europe and North America plan to cut their spending on the platform.

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Uh oh, Elon: Half of European marketers plan to cut spending on X ads - The Next Web (Picture 1)

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Article Details

Author / Journalist: Thomas Macaulay

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-05 @ 11:09:20 (19 hours ago)

News Timezone: GMT +1:00

News Source URL: thenextweb.com

Language: English

Article Length: 602 words

Reading Time: 4 minutes read

Sentences: 40 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Next Web

News ID: 22374731

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About The Next Web

The Next Web Logo

Main Topics: Technology

Official Website: thenextweb.com

Update Frequency: 4 posts per day

Year Established: 2006

Headquarters: Netherlands

News Last Updated: 14 hours ago

Coverage Areas: Netherlands

Ownership: Independent Company

Publication Timezone: GMT +1:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #13

Publisher Details

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The story "Uh oh, Elon: Half of European marketers plan to cut spending on X ads" was covered 19 hours ago by The Next Web, a news publisher based in Netherlands.

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The outlet is headquartered in Netherlands and publishes an average of 4 news stories per day.

It's most recent story was published 14 hours ago.

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  • News ID: #22374731
  • URL: https://beamstart.com/news/uh-oh-elon-half-of-17255386599301

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