Mark Cuban Eyes Fox News and X Acquisitions Despite Financial Hurdles
The billionaire entrepreneur admits he lacks the funds to buy the media giants but remains interested in potential ownership.
- Mark Cuban expressed interest in purchasing Rupert Murdoch's Fox News and Elon Musk's X, formerly Twitter, during a recent interview.
- Cuban estimates the cost of acquiring Fox News to be between $15 billion and $20 billion, which he currently cannot afford.
- He believes significant changes would be necessary for Fox News, adding another $2 billion to the acquisition cost.
- Cuban acknowledged that Elon Musk has no reason to sell X, despite Cuban's interest in the social media platform.
- The entrepreneur has criticized both Fox News for its political bias and X for its algorithm favoring right-wing accounts.