Taylor Swift misplaced $125 million in model offers after her “large endorsement.”
A rumor that pop celebrity Taylor Swift misplaced $125 million in “model offers” following her “large endorsement” circulated on-line in mid-September 2024.
In line with Esspots.com: “Inside days of the announcement, a number of the largest manufacturers on the planet have been backing away from their multi-million-dollar contracts with the star, hoping to keep away from the PR mess Swift had inadvertently created.”
The rumor was additionally shared on social media by way of the SpaceX Fanclub Fb web page with photographs of swift and U.S. Vice President Kamala Harris, the place customers chimed in on either side of the difficulty. One Swift supporter commented, “Worthwhile tax deduction. You go, Taylor! Thanks!”
One other consumer shared the submit and said (archived): “Good, she must be uncovered for the demonic affect she is.”
(SpaceX Fanclub Fb Web page)
The rumor unfold to X, with one consumer posting (archived): “Good, you ungrateful singer and film stars.”
Whereas some readers appeared to just accept the rumor as reality, there was no proof of Swift’s endorsement leading to monetary loss for the pop star. Likewise, no credible news outlets reported on the rumor.
Fairly, the rumor about Swift’s model offers originated with a satirical article posted by Esspots — an internet site that describes its output as being humorous or satirical in nature, and a part of the identical community because the SpaceX Fanclub Fb web page.
The Esspots “About Us” web page states: “Our workforce of writers and editors is devoted to bringing you the most recent and biggest in faux information and absurdity, all with a wholesome dose of humor and satire.” The article was labeled as satire on the Esspots web page, as was the picture within the SpaceX Fanclub Fb submit.
The fictional story unfold as a response to Swift’s endorsement of Harris that the singer posted to Instagram on Sept. 10, 2024.
Nevertheless, the Esspots article itself made no point out of Swift’s political assertion. As a substitute, it used a picture of Harris alongside Swift to indicate the “endorsement” referenced within the headline was referring to the politician, when in actual fact the article proclaimed Swift’s endorsement was for “a vegan cryptocurrency.”
Whereas it was reported that Swift had talks with cryptocurrency alternate FTX earlier than the corporate collapsed in 2022, a deal was by no means reached and Swift has not been related to any cryptocurrency.
Esspots additionally referenced Swift’s model partnerships with CoverGirl, announced in 2010, and Coca-Cola, announced in 2013. There was no proof that both of those partnerships had been impacted by Swift’s endorsement of Harris, or, certainly, any cryptocurrency.
Snopes has addressed different claims surrounding Swift up to now, together with the assertion that former President Donald Trump said Swift would “pay a price” for her endorsement of his opponent, and a rumor that Swift’s boyfriend, Kansas Metropolis Chiefs participant Travis Kelce, told Elon Musk on X that he’d “twist him right into a pretzel.”
For background, right here is why we alert readers to rumors created by sources that decision their output humorous or satirical.
