Elon Musk may soon have a stake in two of the largest television news operations in the U.S., thanks to the Paramount merger with Warner Bros. Discovery.
Semafor reports that Paramount Skydance executives are looking for sources of cash and are considering asking the tech oligarch and world’s richest man to join a team of equity investors in the company. Musk is one of multiple candidates that Paramount CEO David Ellison is considering, and if it happens, the Tesla CEO would own stakes in both CBS and CNN.
