Elon Musk, the enigmatic billionaire behind Tesla and SpaceX, is no stranger to the limelight or controversial headlines. In the wake of Donald Trump’s 2024 election win, the internet has been buzzing with wild claims that Musk is on the verge of acquiring McDonald’s and CNN. While these rumors make for sensational storytelling, they lack substance.
The Origins of the McDonald’s Acquisition Rumor
The claim that Musk is set to purchase McDonald’s stems from a social media post that gained traction in late October 2024. According to a video shared on Facebook, Musk allegedly declared, “I am officially buying McDonald’s.” This bold statement has since been debunked as fabricated, with no credible evidence or official announcements supporting it.
This rumor coincided with heightened political drama during the 2024 presidential race. Kamala Harris’s anecdote about working at McDonald’s in her youth was met with skepticism by Trump, who used the fast-food chain as a backdrop for his campaign appearances. Against this backdrop, Musk’s name was conveniently woven into the narrative, sparking unfounded speculation about his interest in the fast-food industry.
Adding fuel to the fire was Musk’s previous playful interaction with McDonald’s in 2022, when he tweeted that he would eat a Happy Meal on television if the chain accepted Dogecoin as payment. McDonald’s jokingly responded by introducing the fictional “Grimacecoin.” While entertaining, this exchange was purely for amusement and has no connection to the recent rumors.
Is Musk Eyeing CNN to “Fix the Media”?
The rumor mill didn’t stop at McDonald’s. Social media posts have also claimed that Musk is in talks to acquire CNN for $3 billion. A widely shared caption proclaimed, “Elon Musk Reportedly Eyeing CNN Acquisition: ‘I’ll Fix the Media, One Network at a Time.’” The narrative ties Musk’s alleged plans to his dissatisfaction with traditional media outlets and his support for Donald Trump’s campaign.
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However, this claim is equally baseless. The origin of the story can be traced to Gridiron Glory, a satirical account that explicitly labels its content as fictional. Despite its satirical nature, the post gained significant traction, leading many to believe it was genuine.
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Musk’s relationship with the media has always been contentious. As an outspoken critic of what he perceives as media bias, Musk’s potential involvement in the news industry might seem plausible to some. However, his focus remains on his existing ventures, including Tesla, SpaceX, and the social media platform X (formerly Twitter). There is no credible indication that he plans to add a news network to his portfolio.
Musk, Trump, and the Creation of DOGE
Adding another layer to the narrative is Musk’s alleged involvement in Trump’s administration. Reports suggest that Trump has tapped Musk and Vivek Ramaswamy to lead a newly formed department called DOGE (Department of Government Efficiency). This appointment aligns with Trump’s pledge to streamline government operations and cut unnecessary expenditures.
While Musk and Ramaswamy’s inclusion in Trump’s cabinet might sound improbable, it’s rooted in Trump’s admiration for their entrepreneurial achievements. Musk’s response to the announcement, emphasizing that neither he nor Ramaswamy would be paid for their roles, highlights their commitment to efficiency.
This move, while unconventional, underscores Musk’s influence in political and economic circles. However, it does not imply that he is pivoting away from his core businesses to venture into fast food or media acquisitions.
The Truth Behind the Claims
Ultimately, the rumors about Musk buying McDonald’s and CNN are unfounded. They appear to be the product of social media sensationalism, fueled by Musk’s high-profile persona and the polarized political climate. Neither Musk nor representatives from McDonald’s or CNN have made any announcements to support these claims.
While Musk’s playful and provocative statements often capture public attention, it’s essential to differentiate between his real intentions and internet speculation. His primary focus remains on advancing technology and innovation, as evidenced by his work with Tesla, SpaceX, and other groundbreaking projects.
Elon Musk’s name often finds its way into headline-grabbing stories, whether due to his visionary pursuits or his penchant for stirring the pot. However, the recent claims of him acquiring McDonald’s and CNN are purely fictional, originating from satire and social media exaggeration.
As always, it’s crucial to approach such rumors with skepticism and verify facts before accepting them as truth. While Musk continues to be a transformative figure in technology and business, his current trajectory does not include owning a fast-food empire or a major news network.
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