Bill Ackman Eyes Deal With Elon Musk's X Through New Investment Vehicle

Billionaire investor Bill Ackman expressed interest in a deal with Elon Musk's X Corp using his new SPARC investment vehicle.
Ackman's SPARC targets private companies seeking to raise at least $1.5 billion in capital for a public listing.
Ackman said he would "absolutely" consider X, formerly known as Twitter, as an investment option for his SPARC.
X's business prospects are uncertain after Musk's contested $44 billion acquisition and revenue decline.
The likelihood of a deal between Ackman and Musk's X remains low due to X's debt, Musk's reluctance to add transparency, and market volatility.