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International Business Times UK
International Business Times UK
Tanmay Puri

Elon Musk to Buy WWE? $9.3 Billion at Stake - Fans in Disbelief

Could Elon Musk Really Buy WWE and Link It With X? Fans React (Credit: Gage Skidmore/Wikimedia Commons)

WWE fans might see WWE sold yet again within the years of its first sale. Rumours have erupted online that Elon Musk, the billionaire chief executive of Tesla and owner of the X social media platform, might be eyeing a huge purchase of World Wrestling Entertainment (WWE).

Now, a viral tweet says Musk could be considering buying WWE from its current parent company, the news breaking the internet as fans reacted with disbelief and sarcasm. Also at stake is WWE's estimated enterprise value of around $9.3 billion (£7.3 billion approx), the same valuation used when it was folded into the newly formed TKO Group Holdings following a major merger with the Ultimate Fighting Championship (UFC).

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