People have been wondering what Elon Musk would do next since he made the offer to buy Twitter. Elon Musk is the CEO of Tesla and the richest man in the world. The rumor mill includes organizations like Amazon and YouTube.
Some of Musk’s fans are making predictions about whether he will next buy Disney. Is Disney appealing to Musk? He can he get it? First, it’s critical to understand why Musk continues to desire to purchase Twitter, despite the fact that the deal has stalled as a result of the prevalence of phony accounts on the microblogging service.
Why Elon Musk proposed purchasing Twitter
Musk wants to buy Twitter for a variety of reasons. First, after the collapse, Twitter appeared to offer some value. Conservatives have also blasted Twitter for its methods of content policing. Through his social media platform Truth Social, the former president Donald Trump is hoping to capitalize on the indignation of conservatives over what they see as the suppression of their opinions.
Musk, who has recently regained his political identity, calls himself a “free speech absolutist.” Given the power of social media platforms like Twitter to shape public opinion, Musk’s choice to buy the company makes sense, especially as he gets more active in politics. Last but not least, Musk promotes Tesla products on Twitter. Buying the platform with multiple accounts
What is Disney worth?
Shares of Disney just fell to a 52-week low in price. About $175 billion is the market value of it. Disney would need to be bought for more money than the stock price at the time. Despite the board’s initial skepticism, Musk was able to convince them by making a significant premium offer for Twitter.
Elon Musk theoretically might buy Disney
Disney might hypothetically be bought by Musk. His share in Tesla alone is worth more than $110 billion, and he has an estimated net worth of nearly $220 billion. Musk may get money by selling Tesla stock or by taking out a loan secured by his other assets. Though Musk could find it challenging to secure the cash, it is theoretically possible. This highlights our
Elon Musk might decide against buying Disney.
Musk would not make money from buying Disney, in contrast to Twitter. He would find it difficult to run the business because it would take up a lot of his time. Only two of the companies that Musk now runs are Tesla and SpaceX.
Tesla’s stock fell when Musk suggested buying Twitter. Some analysts were also apprehensive about Tesla stock because of the Twitter controversy since they believed it would be a distraction. Given that established automakers are expanding production while Tesla is behind schedule with new goods and innovations, Musk splitting his time between Tesla and Disney is the last thing that Tesla investors would desire.
Musk has made some criticisms of Disney, which has been under fire from Republicans for its opposition to Florida’s “Don’t Say Gay” law.
Musk has backed conservatives’ calls to abolish Disney’s ownership of the Mickey Mouse trademark and has vowed to vote Republican in 2024. In typical Elon Musk fashion, he called the DMCA (Digital Millennium Copyright Act) “overzealous” and a “plague on mankind.” However, in light of his corporate goals, Musk has since modified his political views. Musk is a smart businessman who may decide against selling his Tesla and SpaceX shares in order to buy Disney.