Ackman Open to Deal With Musk's X Corp, Launches $1.5B Fund

Billionaire investor Bill Ackman said he would be "absolutely" interested in a deal with Elon Musk's X Corp.

Ackman's firm Pershing Square received regulatory approval for a new investment vehicle targeting companies looking to raise at least $1.5 billion.

Ackman doesn't know if X is interested in a deal or if it's feasible, but has "enormous respect" for Musk.

Ackman posted his investment announcement on X and said companies should call him for a quick yes/no on going public via his new vehicle.

Musk previously said he planned to take Twitter public again in 3 years after acquiring it, though it's now X Corp.