News networks in the US, despite the fact that he has been outspoken about his worries about sensationalist and biased media coverage in recent years.
The agreement, which was apparently completed within the last week, included a full takeover of NBCUniversal News Group, the parent company of MSNBC.
Sources familiar with the talks claim that Musk used a group of private investors and his own wealth to negotiate the purchase.
The $900 million price tag represents the network’s cultural and political clout in addition to its monetary worth. Musk’s Vision for Journalism in a “New Era”
Musk criticized what he called “toxicity and bias” in mainstream media in his statement, expressing his displeasure with the status of journalism today.
He cited MSNBC as an excellent example of a network that, in his opinion, has supported dividing and divisive themes.
