Jay-Z is facing a major financial loss after losing a $ 200 million contract with a big brand. According to internal sources, this decision was made right after the male rapper publicly confronted Elon Musk in the context of the scandal related to Beyoncé at the Grammy Awards 2025.
The controversial event began when Beyoncé did not win an important award at the Grammy, resulting in a wave of criticism from fans and many characters in the music industry. Jay-Z, a husband and also one of the characters with great influence in the entertainment industry, spoke up to protect his wife strongly. In a public speech, he criticized the way Grammy’s organization and referred to the bias in the award process.
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