Istafa Ali
This past weekend, American actress Nicola Peltz co-directed the indie film Lola, which had its premiere on the Los Angeles red carpet. During the event, Elon Musk made an unusual appearance and alluded to his potential acquisition of Disney.
According to Futurism, there are still a lot of unanswered concerns about the bizarre appearance of the second richest man in the world at the global premiere of a little movie that not many people have ever heard of.
While all the details are still unknown, it seems likely that the billionaire was trying to establish a rapport with Peltz’s father, an activist investor who has been publicly denouncing Disney CEO Bob Iger, one of Musk’s biggest enemies recently.
When a FabTV reporter asked Musk why he was attending the event on the red carpet, he responded in an intriguing way.
“Just my pals and I are here… Considering which businesses to buy,” he remarked, turning to leave the reporter behind and laughing loudly to himself.
Although Musk did not explicitly state that he was planning to buy Disney, it is logical to presume that he was making reference to the multinational media conglomerate given his previous spat with Iger and Peltz’s position on the matter.
Disney was one of the numerous sponsors that fled to the mountains following Musk’s blatantly antisemitic comments on his social media echo chamber X towards the end of the previous year.
At the subsequent New York Times DealBook Summit, Musk voiced his thoughts on the matter, telling X advertisers to “f***” themselves.
Realistically speaking, that seems incredibly unlikely. It would take a significant amount of money to carry out such an endeavour — around four times as much as what it cost him to buy Twitter.
This kind of deal would also require board approval, given that they have seen Twitter’s value collapse due to Musk’s ridiculous policies.
Still, he’s playing around with enormous money. Disney’s market value is roughly $180 billion, which is comparable to Elon Musk’s $198.8 billion net worth.
