Elon Musk is causing a stir on Twitter again when he reveals his plans to buy popular football club Manchester United.
The eccentric CEO of Tesla and SpaceX made the surprise news late Tuesday night via Twitter.
“I buy Manchester United, you are welcome.”
The 51-year-old billionaire is currently embroiled in a heated legal dispute with Twitter for abruptly abandoning the $44 billion purchase.
Elon Musk has hit back at Twitter, stepping up his legal fight against the social media giant over its bid to pull out of the multi-billion dollar deal.
Elon Musk unfazed by Twitter legal war
The world’s richest person announced last month that he was abandoning the acquisition and blamed Twitter for breaching the agreement by exaggerating the number of fake accounts on its site.
Elon Musk has a habit of sending irreverent tweets, and it was unclear whether he intended to seriously pursue a buyout deal, and this time with Manchester United.
Manchester United, owned by the American Glazer family (Joel and Avie Glazer as co-chairmen), which also owns the NFL’s Tampa Bay Buccaneers, did not respond quickly to a request for comment.
In recent years, Manchester United, one of the biggest sports teams in the world, has gone through a difficult period. Since 2013, the Premier League club have failed to win a league cup and their fans have frequently railed against the club’s owners.
Manchester United started the season with a 2-1 loss to Brighton earlier this month, then were shut out by Brentford last weekend in a 4-for-nothing.
The team includes world class players such as Cristiano Ronaldo, Harry Maguire and Marcus Rashford.
In 2005, the Glazers bought Manchester United for 790 million pounds ($955.5 million). Forbes estimates the club is valued at around $4.6 billion. Man United’s market value was $2.08 billion as of Tuesday’s close.
What the billionaire is saying, social media is listening
Tesla sold 75% of its Bitcoin, which was worth almost $2 billion at the end of 2021.
The company said it purchased conventional cash using $936 million in Bitcoin sales.
Over the past year, Elon Musk has caused the prices of cryptocurrencies, including Bitcoin (BTC) and Dogecoin (DOGE), to fluctuate dramatically.
He has been one of the most prominent advocates of cryptocurrencies, with his social media posts frequently resulting in major trading activity.
Meanwhile, responses to Elon Musk’s takeover announcement have spread like wildfire on social media:
United players are finally going to be dangerous in space. https://t.co/sMPMNuYn8A
— Men in blazers (@MenInBlazers) August 17, 2022
Big so true https://t.co/CYyYgaBm21
— B/R Football (@brfootball) August 17, 2022
Plastic owner for a plastic club https://t.co/ys8WDFexJQ
— Soccer Stool (@StoolFootball) August 17, 2022
Now, whether Musk will actually buy Man United – or if it’s just a whim for the mogul – anyone can guess.
BTC total market cap at $384 billion on the daily chart | Source: TradingView.com Featured image from New Straits Times, chart from TradingView.com