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Assumption is thats in dollars:
Buy every single relevant news outlet, social media platform and information network. Then you remove all the right-wing garbage and replace it with the actual truth. Agressivly ban accounts who spread lies and hate for violating guidelines. Make accounts visible if they are bots or not.
Be partisan about it: Progressive ideas over conservatism.
In essence: Remove as much poison from the internet as possible, so people are no longer getting sucked into conservative pipelines and bubbles.
except then the people who owned those outlets would now have $300 billion…
Were they lacking in money before the buyout? If not, does it actually change anything?
So you wouldn't actually change anything, you'd just be closing down avenues of debate and saying "I'm right, you're wrong".
I think you've just wasted your money.