People panicking about Paramount floating Elon Musk as an investor are missing the hilarious billionaire story behind this
Paramount CEO David Ellisonβs dad, Larry Ellison, personally guaranteed over $40 BILLION of his own money to finance the Paramount-WBD merger.
Larry gave Elon $1 billion to help him buy Twitter back in 2022.
This isn't some masterplan for Elon to take over CNN; it's literally Larry calling in a favor to build a syndicate so his own bank account doesn't carry all the risk
π₯ LMAO! The CEO of Paramount is reportedly considering asking ELON MUSK to get involved in the merger with Paramount-Warner Bros β which would mean CNN AND CBS fall under that umbrella
The most entertaining outcome π
Elon would technically have OWNERSHIP INTEREST in CNN, though without operational control
Still, this would be hilarious, imagine all the Democrats on CNN realizing they now technically fall under Elon π₯