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IOF storm Al-Ahli Hospital, vicinity of Al-Mizan Hospital, and Mohammed Ali Al-Muhtaseb Hospital in al-Khalil.
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Musk expresses interest in acquiring MSNBC amid Comcast restructuring

  • By Al Mayadeen English
  • Source: News websites
  • 23 Nov 2024 18:40
2 Min Read

On Wednesday, Comcast announced plans to consolidate MSNBC, USA Network, CNBC, and other properties into a new holding company called SpinCo.

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  • Elon Musk watches before President-elect Donald Trump speaks during an America First Policy Institute gala at his Mar-a-Lago estate, Thursday, Nov. 14, 2024, in Palm Beach, Fla. (AP)
    Elon Musk watches before President-elect Donald Trump speaks during an America First Policy Institute gala at his Mar-a-Lago estate, Thursday, Nov. 14, 2024, in Palm Beach, Florida. (AP)

Elon Musk, billionaire entrepreneur and owner of X (formerly Twitter), has hinted at the possibility of acquiring MSNBC, sparking speculation about a dramatic shake-up for the left-leaning news network.

This follows reports that Comcast, MSNBC's parent company, is restructuring several media assets due to declining ratings.

On Wednesday, Comcast announced plans to consolidate MSNBC, USA Network, CNBC, and other properties into a new holding company called SpinCo.

While Comcast described the move as a positive step, portraying SpinCo as "well-capitalized" and "attractive to investors," insiders have expressed uncertainty.

According to the New York Post, MSNBC staff are reportedly in "panic," with rumors of potential changes to the network's name, logo, and headquarters adding to the unease.

Falling Ratings Spur Speculation

MSNBC has faced significant viewership declines, with Nielsen data showing a 38% drop in daily viewers after Donald Trump's victory over Kamala Harris in the presidential election.

CNN has also experienced a downturn, with a 27% decline in viewership compared to pre-election numbers.

Read more: Elon Musk called to court over $1mln giveaways ahead of US election

Amid the turmoil, Donald Trump Jr. stoked speculation by tagging Musk on X with a mock image of the MSNBC logo and the caption "For Sale, Best Offer."

Musk responded, asking, "How much does it cost?" While no formal discussions about an acquisition have been confirmed, Musk's response has drawn attention, given his penchant for high-profile business moves, such as his $44 billion purchase of X in 2022.

How much does it cost?

— Elon Musk (@elonmusk) November 22, 2024

A Musk-Led MSNBC?

Podcaster and Trump ally Joe Rogan joined the conversation, jokingly offering to replace MSNBC anchor Rachel Maddow if Musk takes over the network. "I will wear the same outfit and glasses, and I will tell the same lies," Rogan quipped, to which Musk replied, "Deal."

The potential valuation of MSNBC remains unclear, but Comcast's market capitalization is $166 billion. With Musk's estimated net worth of $314 billion, the prospect of such an acquisition is financially feasible, adding credibility to the speculation.

Read more: Musk says Wikipedia 'broken', citing alleged anti-Trump bias

  • MSNBC
  • Elon Musk
  • Donald Trump

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13 elite Israeli troops were wounded in a confrontations in Beit Jinn, Syria.

13 elite Israeli troops wounded in confrontations in southern Syria

  • West Asia
  • 28 Nov 2025
Russia and China are not part of the Resistance Front, but they are playing an important role in building structures to bypass US power and thus facilitate a multipolar and freer world. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

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Four killed, ten wounded in targeted California shooting in Stockton

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