Morning Brew Daily

Adam Neumann Buying Back WeWork? & Eli Lilly Worth More than Tesla

Feb 7, 2024
Adam Neumann's bid to buy back WeWork brings a blend of corporate drama and challenges with stakeholders. Meanwhile, a massive sports streaming service is set to take shape with ESPN, Fox, and Warner Bros. in collaboration. Eli Lilly's stock is rising, potentially surpassing Tesla's valuation. The curiosity around tracking celebrity flights raises debates on privacy, as Taylor Swift threatens legal action against a college student. The rising interest in magic mushrooms for mental health and the quirky retirement of Nebraska's state slogan add a lighthearted touch to the conversation.
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ANECDOTE

Neumann's WeWork Return

  • Adam Neumann, WeWork's founder, is attempting a comeback after the company's near collapse.
  • He aims to buy back WeWork with financing from hedge fund Third Point.
INSIGHT

Sports Streaming Consolidation

  • A new sports streaming service will combine content from ESPN, TNT, and Fox Sports.
  • This move mirrors cable's model, concentrating sports content under one platform.
INSIGHT

Eli Lilly's Rise

  • Eli Lilly's market valuation has surpassed Tesla's, driven by strong sales of its diabetes and obesity drugs.
  • These drugs are also showing promise in treating other health problems, like fatty liver disease.
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