in

Elon Musk might be buying Disney; Here’s why

Elon Musk might be buying Disney; Here’s why

Recently, Elon Musk has garnered a lot of attention. The world’s wealthiest billionaire has a contract in place to buy Twitter for a stunning $44 billion. Things, however, seemed to become worse when Musk said that the social media network had a bot issue. Bots are fictitious accounts used to disseminate spam or dangerous links for financial benefit.

That led Musk to reportedly pull out of the agreement. However, as per a clause in the agreement he had with Twitter, it may mean the individual would have to pay $ 1 billion. Now that the individual is being connected to something more significant than Twitter, some are thinking that he may be attempting to acquire Disney. A mysterious tweet put out is what caused that. This tweet is seen below:


On Twitter, Elon Musk is a fascinating figure. He often engages the corporation in verbal arguments, steals jokes and stories without properly attributing them, and is now perhaps threatening action. The aforementioned tweet could simply be his sense of humor, but he recently attempted to purchase Twitter. Disney allowed Steamboat Willie to become a part of the public domain, according to the article above. Mickey Mouse made his debut in the motion picture Steamboat Willie. Musk only said in a tweet, “It’s time.” We’re not clear whether he means to include Steamboat Willie in all of his planned goods or if he’s making a move to negotiate a contract with the media firm.

Is he really buying Disney?

Once again, Elon Musk might just be cracking a joke. It’s difficult to discern because of his tendency toward dry humor. The individual did, however, make fun of the business in another tweet, which sparked speculation that he could be seeking to buy the business.

The scenario is based on an old nature film when lemmings committed mass suicide and it was recorded on video. Lemmings are not inclined to do this, according to a recent study, however. Many people now believe that Disney staged the whole incident and murdered many animals. Musk responded to this concern right away. The tweet is seen below:


Elon Musk definitely intended the aforementioned tweet as more of a joke. Additionally, we’re certain he was treating Twitter similarly before he had any plans to buy the business.

He often cracks jokes about the business and has discussed the changes he would do if he owned the social media site. He then made a genuine purchase offer for the firm in response to those remarks. This may indicate that he will try to purchase Disney. Although it is speculation, he could be able to. Forbes estimates that the current market value of Musk is $219 billion. Even purchasing Twitter for $44B would not be too pricey for him.

We don’t know how much Elon Musk would have to spend to buy Disney, but it wouldn’t be cheap. Disney’s projected net worth is $97 billion, according to Gobankingrates. Based on a $203.6 billion asset valuation less a $105.84 billion drop in debts. To put it simply, Musk would likely have to spend at least some of his net wealth to even buy the media behemoth. The guy may return to the top spot soon after the acquisition, however, thanks to the financial benefits of owning the business.

Source: Giant Freakin Robot

What do you think?

Written by Alex Bruno

Freelance space writer Alex Bruno specializes in covering China's quickly expanding space industry. In 2021, he started writing for SpaceXMania. He also contributes to publications including SpaceNews, IEEE Spectrum, National Geographic, Sky & Telescope, and New Scientist. When Alex was a small child, he first experienced the space bug after seeing Voyager photographs of alien planets in our solar system. When not in space, Alex likes to go trail jogging in the Finnish countryside.

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings