Elon Musk is not buying Manchester United

আগস্ট 17, 2022
মন্তব্য নেই
Sports


“Also, I welcome Manchester United buys,” Musk shared with his 103 million followers Twitterwithout giving any information.

Hours later — and after several news articles were published about his bold claim — Musk clarified that it was all a joke.

“No, it’s a perennial joke on Twitter. I don’t buy sports teams,” he said after a user asked if he was serious about the purchase.

Asked about Musk’s tweet, a Manchester United (MANU) The spokesperson told CNN Business that “we do not comment on rumors and speculation.”

Manchester United shares, which are listed on the New York Stock Exchange, initially surged higher after the close of business on Tuesday following the tweet but pulled back from gains. However, the stock was still up about 3% in early trading on Wednesday.

According to Forbes, Manchester United is worth $4.6 billion. Controlled by the Glazer family, who also own the NFL franchise Tampa Bay Buccaneers, Manchester United is one of the biggest football clubs in the world but has not won the English Premier League title since 2013.
In his 13 years on Twitter, the platform has become an important part of Musk’s personal brand. It’s a place where he communicates about his business ventures, lashes out at people he considers critics, makes market-moving comments about cryptocurrencies, and occasionally shares memes.

He even quipped in a 2019 tweet, “Some people use their hair to express themselves, I use Twitter.”

However, Musk’s tweets about Tesla have landed him in multiple troubles with the U.S. Securities and Exchange Commission. His feud with the SEC dates back to his now infamous 2018 tweet, which read, “I’m considering privatizing Tesla for $420. Funding secured.”

The nine-word tweet sent Tesla stock soaring at the time, but the SEC then accused it of misleading investors. Musk and regulators eventually reached an agreement that, among other things, required Musk to obtain pre-approval from other Tesla executives before tweeting about the company.

The billionaire’s tweets about Manchester United come as he seeks to end his $44 billion acquisition of the social platform. Twitter has taken him to court over his attempt to back out of the deal.

—— Robert Mclean contributed to this story.



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