Report: Elon Musk invests $1 billion in CNN and CBS News parent company
tawnniee · x · 2026-10-24
According to a report shared by Leading Report, Elon Musk has invested $1 billion in the parent company of CNN and CBS News, gaining an ownership stake in both networks.
The news comes shortly after CBS News appointed Bari Weiss as its new editor-in-chief, prompting jokes like "it's so over for Bari chat." The claim remains a third-party report pending official confirmation.
More from Venture
- A $370K Series C offer is really $270K a year once sign-on and equity are amortized — aakashgupta · 2026-10-24
- Industrial AI startup raises $130M Series D at $1.4B valuation led by Sapphire Ventures — ycombinator · 2026-10-24
- $15k/mo AI GEO agency built on Claude Code agents is hiring one builder — Superb_Tomorrow2965 · 2026-10-24
- Dev reveals surprise payout for AI app monetization, contrasting OpenAI's GPT Store — iruletheworldmo · 2026-10-24
- Dreamina's $0.29 plan actually includes 1,575 credits, a closer look at the deal — azed_ai · 2026-10-24
- NVIDIA expands Isaac robotics platform at GTC Berlin; enact_intel stealths with $30M pre-seed — lukas_m_ziegler · 2026-10-24