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Endeavor Purchases UFC Wholly, Elon Musk Joins Board of Directors

According to a recent SEC filing, UFC parent company Endeavor will be purchasing 100 percent of the UFC. Once Endeavor purchases UFC officially, the MMA promotion will be wholly owned by the talent agency Endeavor, formerly WME | IMG, and the company is planning to go public with a new IPO.

Endeavor Purchases UFC

In July 2016, it was announced Endeavor will be purchasing 50.1% of the UFC from the Zuffa-owned Fertitta brothers. This gave the talent agency a controlling stake. According to the March 31, 2021 Securities Exchange Commission filing, see prospectus, Endeavor will have a deal soon to raise $1.