Elon Musk Eyes Manchester United. No?

Elon Musk Eyes Manchester news item

Tesla CEO Elon Musk joked about buying Manchester United (Man U) after the team lost its first game of the season. On Sunday, Aug. 11, Tesla CEO Elon Musk took to Twitter to jokingly announce that he was considering buying Manchester United (Man U), one of the most popular soccer clubs in the world.

The tweet, which has since been deleted, said: “Do you want to buy Manchester United?”

Within minutes, the message had received thousands of likes and comments from users all over the world.

Musk has a history of joking about acquiring various companies and organizations. In April 2018, he joked about taking Tesla private at $420 per share. Earlier this year, he also joked about merging Tesla with rival automaker Ford.

However, it is unclear if Musk was serious about buying Man U or not. The team is currently valued at approximately $4 billion.

Despite the initial excitement among fans, Musk later tweeted that he was “just kidding” about buying the team.

Man U supporters were quick to jump on the news, with many expressing their desire for Musk to become the new owner of the team. One user even created a petition on Change.org asking Musk to buy the team.

However, others were skeptic of Musk’s intentions, with some even calling him a “clown” and a “joke.”

This is not the first time that Musk has courted controversy on Twitter. In July, he was accused of violating U.S. Securities and Exchange Commission (SEC) rules when he tweeted that Tesla would produce 500,000 cars in 2019. The SEC later fined Musk $20 million and Tesla $40 million as a result of the tweet.

Musk has also been criticized for his involvement in the development of a tunnel-digging company called The Boring Company. The company has been working on a project to build a high-speed underground transportation system in Los Angeles. However, the project has been met with criticism from some residents who say it will disrupt their neighborhoods.

For now, it remains to be seen if Musk will take any further steps to buy Man U or if he was just joking about the idea. However, given his track record, it wouldn’t be surprising if he did make a serious bid for the team at some point in the future.

 

Background

The Glazer family, who owns Manchester United, is considering selling a minority stake in the team, according to reports. This comes after fans have blamed the family for the team’s recent string of poor performances.

If anyone could seriously consider taking the Glazers up on their offer, it would be Elon Musk. He recently sold nearly $7 billion in Tesla shares and is looking to get out of a $44-billion deal to buy Twitter.

Manchester United is one of the most popular soccer clubs in the world and has a rich history of success. However, the team has struggled lately, finishing sixth in the English Premier League last season while its cross-town rivals Manchester City won a second consecutive title.

The odds of Manchester United being relegated to a lower division are increasing, and the team’s value has plummeted on the stock market. However, there is still a lot of potential for the storied franchise, and Musk could be the perfect owner to revive its fortunes.

 

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