Paramount Reportedly Courts Elon Musk for Investment
publishers 3articles 3first reported 23 Sep, 16:38 UTCdeveloping since 24 Sep · 2 editions
Paramount is reportedly considering Elon Musk as a potential investor while moving closer to completing its takeover of Warner Bros. Discovery.
Variety reported that David Ellison is weighing an approach to Musk as the Warner Bros. Discovery deal nears its conclusion. Deadline also reported that Paramount is eyeing Musk for investment as the WBD deal nears the finish line. Yahoo Finance also reported that Paramount is courting Musk for an investment as the company’s shares trade near multiyear lows.
No details were reported about the size or structure of a possible investment, and neither an agreement nor Musk’s participation has been confirmed.
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