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Coin Edition
2023-04-01 14:53:00

Elon Musk Acquires a Stake in Lovin Dubai for $100 Million: Report

Elon Musk Acquires a Stake in Lovin Dubai for $100 Million: Report

According to an official report, Elon Musk has purchased an undisclosed stake in Lovin Dubai, a subsidiary of Augustus Media, for $100 million. The acquisition marks Musk’s first regional media venture after purchasing Twitter for $44 billion last year. Notably, Lovin Dubai is a news, culture, and lifestyle brand that covers local news in the The post Elon Musk Acquires a Stake in Lovin Dubai for $100 Million: Report appeared first on Coin Edition .

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