'I would definitely buy if... ,': What Elon Musk said on buying Disney shares

Elon Musk CEO of Tesla and owner of X (previously known as Twitter) on Wednesday expressed his intent to purchase shares of Disney (DIS) if activist investor Nelson Peltz secures a seat on the media and entertainment giant’s board. Musk's statement came on Wednesday, endorsing Peltz's potential influence on Disney's board. Musk's remarks were prompted by a post from American hedge fund manager Bill Ackman on X, expressing concerns over alleged leaks to the media about Disney's proxy contest results against Nelson Peltz.

'I would definitely buy if... ,': What Elon Musk said on buying Disney shares

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Elon Musk CEO of Tesla and owner of X (previously known as Twitter) on Wednesday expressed his intent to purchase shares of Disney (DIS) if activist investor Nelson Peltz secures a seat on the media and entertainment giant’s board. Musk's statement came on Wednesday, endorsing Peltz's potential influence on Disney's board. Musk's remarks were prompted by a post from American hedge fund manager Bill Ackman on X, expressing concerns over alleged leaks to the media about Disney's proxy contest results against Nelson Peltz.