Is he serious or is it a brief joke?
Whatever the answer, the message is likely to cause a havoc in the soccer world at a time when the national championships have just resumed in Europe.
Elon Musk, the world's richest man, just mentioned Manchester United, one of the world's most well-known football clubs. Some will describe it as a match from hell, but for others it would be a real tragedy.
'I'm buying,' says the business owner.
The CEO of Tesla (TSLA) disclosed that he was considering purchasing the English club in a tweet posted on August 16 that was already liked by nearly 250,000 Twitter users in just two hours.
As often as is the case with Musk, who believes himself to be the most innovative and revolutionary CEO of our time, it's difficult to tell whether or not this message is a reflection of his bombastic flair or a joke.
"Also, Im buying Manchester United ur welcome," said the serial entrepreneur.
The tweet, which was shared after another post in which Musk discusses his place on the American political spectrum, caught Twitter by surprise, since it was almost never seen by the billionaire talking about sport or soccer.
"Oh this is a spooky sentence," said a Twitter user.
"OKAY THIS IS CRAZY," a Twitter user repeated.
Another user asked, "Why?" Are you serious?
The word "crazy" is the one that came up the most frequently. It reflected the fact that users were surprised by the post and did not know how to interpret it.
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The billionaire did not provide further information.
Manchester United (MANU), which is publicly traded, did not immediately respond to a request for comment.
Musk can, but will he?
According to the Bloomberg Billionaires Index, Musk is the world's richest man with an estimated fortune of $267 billion as of August 16. Manchester United, one of the few public soccer clubs, has a market capitalization of just over $2 billion at the time of writing.
Given these figures, the tech tycoon may have the financial backing to take control of the English club. However, Musk, who appears to be the potential savior of the team, has little experience in the sport.
Manchester United lost their first two matches of the new English Premier League season, which started on August 7. They are currently in the last place. The club are already six points behind local rival Manchester City, who is currently in the lead.
Musk is nevertheless convinced that everything he touches will be gold. After being mocked for many years with Tesla, he managed to sway the automotive business to adopt electric vehicles and self-driving cars. The maker of Model S and Model 3 sedans and Model Y and Model X SUV/crossovers has a market value of just over $960 billion, compared to $100 billion (Volkswagen (VLKAF) to $200 billion (Toyota (TOYOF) for its
Manchester United is a public company. The financial laws surrounding listed companies are very stringent, especially when it comes to information that can impact the stock price, such as this. Musk knows it, which adds to the confusion. Is he serious or is he just joking? What does this mean about the mogul? Does he really believe he can help Manchester United to regain its previous glory? Wouldn't that be a bit arrogant?
A Club with a Lot of History
"Through our 144-year football legacy, we have won 66 titles, enabling us to establish ourselves as one of the world's leading sports and entertainment brands," the club claims in its official papers.
"Our large, loyal, and highly engaged fan base provides Manchester United with a worldwide platform to generate significant revenue from many sources, including sponsorship, merchandising, product licensing, broadcasting, and match day initiatives, which in turn, directly fund our ability to continue to reinvest in the club."
According to a press release, the club generated 152.4 million ($184.58 million) in the third quarter of its 2022 fiscal year that ended March 31, while excluding a net loss of 27.7 million ($33.55 million).
Musk has often made jokes about significant transactions. This was the case with Twitter, a microblogging website for which he made a $44 billion offer in April, which he later withdrew. Twitter has filed a lawsuit, requesting that the courts enforce Musk's commitment. A trial will take place in mid-October, unless the parties reach an agreement by then.