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Paramount executives have discussed asking Elon Musk (@elonmusk) to join a syndicate of equity investors as the company prepares to close its ~$111 billion Warner Bros. Discovery acquisition. No deal has been announced. Paramount declined to comment and Musk’s representatives did not respond. Paramount settled antitrust suits with 12 states and the WGA on September 21 and David Ellison has said he expects the deal to close in about two weeks. Larry Ellison has personally guaranteed tens of billions in equity, and Middle Eastern sovereign funds are already participating. Adding another large investor would spread that exposure. Larry Ellison’s earlier $1 billion investment in Musk’s 2022 X purchase and his prior Tesla board seat are the documented personal ties that make the idea plausible. Whether Paramount actually reaches out to Musk, or whether Musk invests, remains unknown.

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