Elon Musk announced that he has acquired MSNBC for $900 million to put an end to toxic programming.(N)

Elon Musk Acquires MSNBC for $900 Million to End “Toxic Programming”

In a groundbreaking announcement that has sent shockwaves through the media industry, Elon Musk, the billionaire entrepreneur and CEO of Tesla and SpaceX, has confirmed his acquisition of MSNBC for a staggering $900 million.

The move, which Musk revealed just seven minutes ago via his official social media platform, X (formerly Twitter), marks a bold step in his ongoing mission to reshape the media landscape. His stated goal? To put an end to what he has described as “toxic programming” on the popular news network

A Sudden and Strategic Acquisition

Elon Musk’s acquisition of MSNBC has caught many industry insiders by surprise. While Musk has been vocal about his concerns regarding biased and sensationalist media coverage in recent years, no one anticipated that he would take direct action to own and reform one of the most influential cable news networks in the United States.

The deal, reportedly finalized over the past week, involves a complete buyout of MSNBC’s parent company, NBCUniversal News Group.

According to sources close to the negotiations, Musk leveraged his personal fortune and a consortium of private investors to secure the acquisition. The $900 million price tag reflects not only the financial value of the network but also its cultural and political influence.