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Bill Ackman, the founder and CEO of the hedge fund Pershing Square Capital Management, has quite a sordid history when it comes to walking the talk. Who can forget the billionaire's seemingly desperate exhortations in March 2020, declaring "hell is coming?" What's even more interesting, even as Bill Ackman's words tanked the stock market at the time, he was apparently buying stocks hands over fist. Consider the fact that the billionaire hedge fund manager suggested at the onset of the COVID-19 pandemic that Hilton Hotels was essentially heading to zero. The catch: just a few days later, the hotel ended up as one of Ackman's biggest long bets. Against this backdrop, the hedge fund manager's recent endorsement of Elon Musk and his X social media platform can only be a liability.
For the benefit of those who might not be aware, Elon Musk recently attracted vitriolic accusations of being anti-Semitic when he responded in the affirmative to an X post that accused Jewish groups of pushing "dialectical hatred" against white people. To make matters worse, Media Matters spurred a cascading boycott of X when it showed certain anti-Semitic posts displayed adjacent to IBM's adverts on the social media platform, prompting the likes of Disney, Apple, IBM, and Comcast to halt all advertisements on the embattled platform.
Facing this raging conflagration, Elon Musk was forced to don his firefighting hat. He banned certain Pro-Palestinian slogans for supposedly implying the genocide of the Jewish people, a charge virulently contested by the supporters of Palestine. He also undertook an apology tour of
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