Facebook is continuing to pull in political ad money while more than 100 companies including Adidas, Denny's and Verizon are pausing Facebook ad buys as part of the #StopHateForProfit boycott organized by civil rights groups.
Former Vice President Joe Biden's campaign has spent approximately $9 million on Facebook ads in the last month, while President Trump's re-election campaign has spent at least $5 million, according to its Ad Library Report.
Other groups including Stop Republicans, the Democratic Governors Association and Senate Democrats have spent more than $1 million on Facebook ads in the last 30 days.
The re-election campaign for Rep. Alexandria Ocasio-Cortez, D-N.Y., has spent more than $953,000 in the last month.
Major companies began boycotting Facebook ads last week as part of a campaign supported by groups including the Anti-Defamation League and NAACP.
The groups say Facebook "allowed incitement to violence against protesters fighting for racial justice in America" and "turned a blind eye to blatant voter suppression on their platform."
"99% of Facebook's $70 billion is made through advertising," #StopHateForProfit wrote on its website. "Let's send Facebook a powerful message: Your profits will never be worth promoting hate, bigotry, racism, antisemitism and violence."