I don't think Musk has an actual strategic goal, other than perhaps to boost his own publicity by backing people he supports. That's it.
I doubt this has much impact on the Disney board structure or share price. There are much bigger issues that Disney's facing right now than Gina Carano's Elon-Musk-funded nuisance suit.
I wouldn't be so quick to dismiss Musk as a simple megalomaniac. But that is a different discussion altogether. While it could be the case that Musk only wants to be a fly in Iger's soup, also consider this.
The current Disney board has been described by insiders as being comprised of Bob Iger and a number of "yes-persons".* For that reason Nelson Peltz (Trian Partners) with the backing of Ike Perlmutter (remember him?), have been trying to get a couple of seats on the Disney board because Peltz is of the opinion that Disney has gone astray, and Iger is not acting in the best interest of the shareholders. That part is no secret.
Iger characterizes their move as purely vindictive. However, I would point out that Peltz (and Perlmutter) have bigger stakes in Disney's financial success as they represent $3 billion worth of Disney stock (compared to Bob Iger's $110 million after he sold 49% of his shares in 2021). You may disagree with their opinions about how the company should be run, but I would not question their motives. **
I want to also point out that Iger's compensation for 2023 was $31 million, which is more than double the $15 million he gave himself in 2022 despite the rocky state of Disney IPs and the consequent layoff of over 4000 Disney employees.
There are rumors of Elon Musk support of Peltz's current push (as well as rumors about Musk wanting to ultimately purchase Disney). Admittedly I haven't researched the substance behind those claims yet. I've only seen some headlines, and we know how "dependable" those can be. Still, I wouldn't be surprised if that were the case because I would guess that their values seem to be more in alignment and, at the very least, they have a common adversary in Bob Iger.***
Any news that could shake shareholder faith in Bob Iger's leadership only works in the interest of Nelson Peltz's current push. The announcement of lawsuits against Disney arising from an allegedly hostile internal ideological culture would certainly add fuel to that fire, wouldn't you agree?
So, regardless of the merits of the claim or the viability of a potential suit, the announcement itself which coincides with the upcoming shareholder meeting in April, is clearly a strategic boon for Peltz, and it just so happens to be financially backed by his ally, Musk.
*references can be provided in a separate discussion about Disney's board structure. Of course "insider information" still should be taken with a grain of salt. BTW, here's an interesting article from October 2023 that lays some groundwork
https://www.wsj.com/business/media/...-seats-boosted-by-perlmutters-shares-a91f121e
**I would suggest taking a look at Nelson Peltz's website
Disney has Underperformed | #RestoreTheMagic at Disney where his objectives and interests are laid out.
***
Disney Board Fight: Blackwells Floats Real Estate Spinoff, Slams Peltz
He has challenged the entertainment group and was seen at a premiere with a fellow billionaire linked to efforts to oust its chief
www.thetimes.co.uk