Is This Real? Elon Musk Posts About Becoming Disney's DEI Chief: 'Can't Wait To Work With Bob Iger'
Portfolio Pulse from Benzinga Neuro
Elon Musk announced on social media that he has been appointed as the Chief Diversity, Equity, and Inclusion (DEI) Officer at Disney, expressing enthusiasm to work with Disney's executives to make the content 'MORE woke.' However, the announcement was made on April 1, known for April Fools' Day pranks, and Disney has not made an official statement. This follows a series of public disputes between Musk and Disney, including accusations of 'institutional racism and sexism' by Musk.

April 01, 2024 | 9:20 am
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Elon Musk's announcement of becoming Disney's Chief DEI Officer on April Fools' Day, amidst previous disputes with Disney, has not been confirmed by Disney.
Given the announcement was made on April Fools' Day and Disney has not confirmed the appointment, it's likely a prank. However, the previous public disputes between Musk and Disney add a layer of complexity, potentially affecting investor perception. The short-term impact on Disney's stock is uncertain, as the market may react to the uncertainty and the history of disputes, but the prank nature of the announcement likely mitigates serious impact.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80