Jeff Bezos and Elon Musk might be ‘best friends,’ and now Amazon reportedly plans to buy ads on X

Amazon is boosting its advertising spend on X, a year after many brands sought to leave after Elon Musk took ownership of the social media platform, according to the Wall Street Journal. The move comes weeks after Amazon executive chairman Jeff Bezos was seen socializing with the Tesla CEO and X owner during President Trump’s inauguration.

Musk helms the Department of Government Efficiency, which aims to eliminate more than $2 trillion in government debt. 

During the second Trump Administration, billionaires have gravitated towards the president more so than Trump’s first term. During the inauguration, Trump was accompanied by the world’s most influential tech leaders such as Meta CEO Mark Zuckerberg, OpenAI cofounder Sam Altman, Google CEO Sundar Pichai, and Bezos. He’s also seen millions contributed to his inaugural fund. 

Source: FORTUNE