Billionaire entrepreneur Elon Musk has voiced keen interest in acquiring shares of The Walt Disney Company, the renowned American multinational mass media and entertainment conglomerate, commonly known as Disney.
Musk, who recently assumed the role of Disney's Chief Diversity Officer, emphasized his support for activist investor Nelson Peltz's candidacy for Disney's board.
Despite Peltz facing setbacks in a previous board challenge, Musk believes Peltz's extensive experience and track record make him a valuable asset for Disney's growth and shareholder interests.
Musk highlighted Peltz's potential to drive reforms, enhance product quality, and elevate Disney's stock performance.
Expressing confidence in Peltz's capabilities, Musk hinted at potential investment in Disney shares should Peltz secure a board seat. This endorsement underscores Musk's belief in Peltz's ability to positively impact Disney's future trajectory.
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