WWE Rumor Roundup: Roman Reigns' return; Oba Femi's main roster debut; Elon Musk to buy WWE & more (January 20, 2026)

(Courtesy : Getty)
Let’s dive into the latest WWE rumors circulating on social media!
Speculation and rumors are among the favorite pastimes of WWE fans worldwide. Fans from all over the world enjoy discussing and debating various aspects of the world of pro wrestling. As WWE heads towards WWE Royal Rumble 2026, the rumor mill continues to run in full force.
In today’s edition of the roundup, we cover the latest rumors and news circulating among fans on social media, including Roman Reigns making his return, Oba Femi’s return, Elon Musk buying WWE, and more.
Roman Reigns soon to make his WWE return

According to the latest edition of the Wrestling Observer Newsletter, Roman Reigns is expected to make his long-awaited return at the Royal Rumble in Riyadh on January 31. However, an interesting shift has emerged regarding his WrestleMania 42 direction.
While WWE had previously teased a third WrestleMania showdown between Reigns and Cody Rhodes, current plans reportedly place Roman Reigns outside the title picture. This change follows Rhodes losing the Undisputed WWE Championship to Drew McIntyre on last week’s SmackDown, prompting creative adjustments for several top stars ahead of WrestleMania 42.
Oba Femi’s main roster debut plans

WWE may be laying the groundwork for Oba Femi’s main roster debut ahead of the Royal Rumble on January 31 in Saudi Arabia.
According to Wrestling Observer Newsletter, local advertising in Riyadh features several NXT names, including Oba Femi, suggesting potential surprise appearances.
Dave Meltzer reported that Femi’s inclusion is tied to internal plans for the former NXT Champion to move up to the main roster. While nothing is confirmed, NXT talent has frequently used the Royal Rumble as a launchpad, making Femi’s involvement a development worth monitoring.
Elon Musk to buy TKO?
Speculation has intensified on social media regarding Elon Musk potentially acquiring WWE from TKO Group Holdings, but the claims lack credible backing.
Posts circulating across X, Reddit, Instagram, and Facebook suggest Musk is in “very early-stage talks” to purchase WWE, with some users pointing to its roughly $9.3 billion valuation and theorizing deeper integration with Musk’s X.
However, no verifiable SEC filings, board-level actions, or on-the-record sources support the rumor. Neither TKO, WWE, nor Endeavor has issued any statement indicating interest in a sale, and reputable financial or wrestling news outlets have not confirmed the story.
Several industry publications have dismissed the chatter as unsubstantiated, noting TKO previously denied similar sale rumors. At present, the speculation remains firmly in rumor territory.
When and where will WrestleMania 42 take place?
The 42nd edition of WrestleMania is set to emanate live from Allegiant Stadium in Las Vegas, Nevada. The show will take place over two nights, April 18 (Saturday) and April 19 (Sunday), 2026.
Why did Triple H scrap plans for Cody Rhodes vs Roman Reigns at WrestleMania 42?
Per WON, Triple H ultimately felt that revisiting Rhodes vs Reigns for the third time in four years, and dedicating months of storytelling to it, risked wearing out the audience.
For more updates, follow Khel Now Wrestling on Facebook, Twitter, and Instagram; download the Khel Now Android App or IOS App and join our community on Telegram & Whatsapp.
Blesson Daniel is a sub-editor who spends his days organizing words and managing social media, crafting bursts of creativity designed to make people smile. He occasionally dives into writing as well — whether it’s crafting articles, brainstorming ideas, or finding the perfect caption. Believing that every piece of writing offers an opportunity to tell a story, Blesson brings creativity and thoughtfulness to every project he takes on. When he’s not glued to his laptop, Blesson is likely planning his next travel adventure or losing himself in music. A passionate explorer of new places, sounds, and ideas, he believes in balancing work, play, and a good playlist in the background. Whether he’s editing, writing, or daydreaming about his next trip, Blesson is always chasing that sweet spot where creativity and curiosity collide to create something memorable.