In a move that has left Hollywood reeling and Wall Street stunned, Elon Musk has reportedly spent a jaw-dropping $790 million to acquire Ab_CY, the parent company behind ABC’s controversial daytime talk show The View — all to cancel it.
Sources close to the billionaire say the decision came within hours of actor Alec Baldwin calling Musk “scum” during a heated segment of the show, which aired last week. Baldwin, known for his outspoken political views and history of controversy, was guest-hosting when he took a jab at Musk over his handling of X (formerly Twitter), labeling the Tesla CEO a “tech tyrant” and “corporate scum hiding behind free speech.”
What Baldwin didn’t know? Elon Musk was watching live.
Within 48 hours, Musk made an aggressive bid to acquire Ab_CY, a smaller but powerful media holding company that controls segments of ABC’s production, including The View. While the deal had reportedly been in discussion for months, insiders claim Musk fast-tracked and closed it purely out of spite — and vengeance.
“He didn’t blink. He just said, ‘Buy it and kill the show,’” an unnamed executive familiar with the deal told Variety. “He was furious. He called Alec a has-been clown and said The View was toxic garbage.”
Within 24 hours of the deal closing, The View was officially canceled, with production halted and future episodes scrapped indefinitely. ABC has yet to comment publicly, but social media erupted with both praise and outrage. Hashtags like #MuskStrikesBack, #ViewCancelled, and #BillionaireBeef quickly began trending.
Critics of Musk have slammed the move as “a billionaire tantrum,” while supporters applaud his no-nonsense attitude toward mainstream media and celebrity hypocrisy.
As for Alec Baldwin? He hasn’t issued a statement — yet. But sources say he was “completely blindsided” by the show’s cancellation.
“Elon doesn’t play games,” one insider said. “You mess with him on live TV, and he might just buy the whole damn network to make sure you never get airtime again.”