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Elon Musk buying MSNBC? A difficult feat, because it isn't for sale

Mint Mumbai

|

November 27, 2024

Can Elon Musk make a run at acquiring MSNBC? It would be a steep climb. One big reason: it isn't for sale.

- Isabella Simonetti

Elon Musk buying MSNBC? A difficult feat, because it isn't for sale

Last week, Comcast said it was moving forward with a plan to spin off its NBCUniversal cable networks into a separate company. That news prompted speculation that the Tesla chief executive might pursue left-leaning news channel MSNBC.

Musk, who hasn't been shy about his criticisms of MSNBC, calling the network "utter scum of the Earth," fueled that storyline in an exchange on X, the social-media platform he owns. When Donald Trump Jr. posted about MSNBC, encouraging Musk to buy it, the billionaire replied: "How much does it cost?"

It is unclear how serious Musk is about MSNBC, but buying the network wouldn't be an easy feat. Comcast isn't interested in selling off individual assets, people familiar with the matter said. It plans for the spinoff company, which will include several other NBCUniversal channels such as CNBC, USA, Syfy, and E!, to explore acquisitions of other cable networks.

"We are looking forward to the planned spin of our cable networks, which will create a new company owned by our shareholders—none of these assets are for sale," a Comcast spokeswoman said in a written statement.

FLERE HISTORIER FRA Mint Mumbai

Mint Mumbai

Bank-funded acquisitions won't displace private credit

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time to read

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Air India lobbies to use airspace over China's Xinjiang

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time to read

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A fresh perspective on abstraction in art

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time to read

3 mins

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FinMin expects Nov GST receipts growth to rebound to 10%

time to read

2 mins

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PayMate pulls plug on West Asia operations

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time to read

2 mins

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Exide's dual bet: Can lithium-ion offset a weakening core?

Exide Industries Ltd is struggling to fuel its core lead-acid business while simultaneously turning its capex-heavy lithium-ion venture into a viable second growth engine.

time to read

1 mins

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Mint Mumbai

Bank-funded acquisitions won’t displace private credit

The Reserve Bank of India's (RBI) draft framework for bank-led acquisition finance marks a decisive policy turn: Indian banks can now enter the acquisition finance market within a clear perimeter, reshaping the competitive dynamics between banks and private credit funds.

time to read

3 mins

November 20, 2025

Mint Mumbai

Afghanistan trade minister seeks India investments, goods

Afghanistan's Taliban trade minister arrived in India on Wednesday on a maiden visit to draw greater investments and goods as both countries consider ways to enhance their relations in the backdrop of souring relations with neighboring Pakistan.

time to read

1 min

November 20, 2025

Mint Mumbai

Mint Mumbai

Fractal Analytics bets heavily on R&D in AI race before IPO

Enterprise artificial intelligence firm Fractal Analytics plans to maintain high research and development (R&D) spending ahead of its market debut for which a date has not yet been set, a top executive has said.

time to read

2 mins

November 20, 2025

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