Bundesbank Exits Elon Musk’s X Platform

Germany’s central bank, the Bundesbank, has announced its decision to cease posting on Elon Musk’s social media platform, X (formerly Twitter). This move follows Musk’s endorsement of the far-right Alternative for Germany (AfD) party and his criticism of German politicians, including Chancellor Olaf Scholz. The Bundesbank will continue its presence on other platforms such as LinkedIn, Instagram, Facebook, and YouTube.

Several other German institutions, including trade unions GEW and Verdi, the Federal Court of Justice, the defense ministry, and the Bundeswehr national army, have also suspended their X accounts, citing challenges in maintaining factual debates on the platform. The German foreign ministry has transitioned its postings to Bluesky, an alternative social platform. Musk’s association with the far-right and his advisory role to U.S. President-elect Donald Trump have influenced these decisions.