Fact Check: Taylor Swift did not lose $150 million by endorsing Kamala Harris
Taylor Swift endorsed Vice President and Democrat party nominee Kamala Harris for the 2024 US presidential race.
By Sibahathulla Sakib Published on 17 Sep 2024 11:04 AM GMT
Claim: Taylor Swift lost $150 million in brand deals after endorsing Kamala Harris for US president.
Fact: The claim is false. It was satirical content being falsely shared as a real incident.
Hyderabad: Pop star Taylor Swift recently endorsed vice president Kamala Harrisā candidacy for the 2024 presidential election following a debate between Harris and former president Donald Trump.
In an Instagram post, Swift stated, āI will be casting my vote for Kamala Harris and Tim Walz in the 2024 Presidential Election. Iām voting for @kamalaharris because she fights for the rights and causes I believe need a warrior to champion them.ā
Amid her endorsement, a claim surfaced on X, alleging that Taylor Swift had lost 150 million US dollars after people boycotted her merchandise and affiliated businesses.
An X user shared the claim and wrote, āGo Woke Go Broke! Taylor Swift has lost an estimated 150 million dollars over the boycotting of her merchandise and memorabilia after she endorsed Kamala Harris for President.ā (Archive)
A similar post can be seen here. (Archive)
Fact Check
NewsMeter found that the claim is false.
A keyword search revealed a Facebook post with photos of Taylor Swift and Kamala Haris posted on September 12, 2024. The caption read: āTaylor Swift Loses Brand Deals Worth $125 Million After The Big Endorsement- This is Satireā
Further search revealed a report by Esspots titled āTaylor Swift Loses Brand Deals Worth $125 Million After The Big Endorsement,ā posted on September 12, 2024.
The article reported that Taylor Swift had recently lost 125 million US dollars in brand deals but also stated that this happened following her endorsement of a vegan cryptocurrency. However, the article ends with the disclaimer āNOTE: This is SATIRE, Not Real.ā
Additionally, no credible news outlets have reported any financial losses for Swift as a result of her political endorsement.
Hence, the claim that Taylor Swift lost 150 million US dollars over the boycott of her merchandise following her endorsement of Kamala Harris is false. The story originated from satirical content, and there is no evidence to support the claim.
