Elon Musk, the billionaire and owner of Tesla and X (formerly Twitter), has reportedly struck a $3 billion deal to acquire CNN, marking his latest move to transform traditional media. Musk, known for his free-wheeling opinions on journalism and free speech, announced the deal on X and promised to “fix the media one by one.”  

In his message, Elon Musk said, “The media has prioritized sensationalism over truth for too long. With CNN under my leadership, we will focus on the accuracy, integrity, and impartiality of our reporting. The era of biased reporting is over.”

The acquisition sent shockwaves through the media landscape, with Musk’s supporters praising his commitment to transparency while his critics questioned his motives. Critics say Musk’s ownership could undermine the network’s objectivity, as he has used X in the past to air his personal grievances and opinions.

However, Musk’s allies see the move as a necessary change for a network that has often been criticized for its political leanings. A source close to Elon Musk said: “Elon sees this as an opportunity to restore trust in the media by introducing a model that prioritizes truth and accountability.”

While the exact details of his plans for CNN are still unclear, sources speculate that Musk may include his technology-driven approach to reinventing how messages are delivered and delivered. There have been rumors of a radical overhaul of CNN’s staff, programming and digital platforms.

Elon Musk has hinted at a possible new format for the network, which suggests it could combine traditional news presentation with innovative methods for syndication. “Think global news conferences, interactive debates and data reviews that are powered by artificial intelligence,” he added.

Politicians, journalists, and media analysts weighed in with their opinions on the deal. Conservative commentators welcomed the move and expressed hope that Musk could address the long-standing media bias. At the same time, liberal critics pointed out that Musk’s influence could tilt CNN’s balance in favor of his own interests.

“How billionaires are the media is nothing new,” said one media analyst. “But Elon Musk’s hands-off approach and penchant for disruption could redefine what it means to lead a news network in the 21st century.”

The acquisition marks a new chapter in Elon Musk’s quest to redefine the industry. Musk has pushed the boundaries further from revolutionizing electric vehicles with Tesla to challenging space exploration with SpaceX. X’s 2022 acquisition has also been touted as a crusade for free speech, though it has been criticized for its uneven implementation.

Regardless of Elon Musk’s CNN, one thing is certain: the media landscape will never be the same.

As Elon Musk himself said: “Change is inevitable. Improvement is optional. I choose improvement.”