The billionaire, boss of Tesla and SpaceX, even confided that he was not interested in buying “any sports team”.
Elon Musk shook the football world. The billionaire, boss of Tesla and SpaceX, said in a tweet on Tuesday evening that he was buying English football club Manchester United. In a sibylline tweet, the wealthy entrepreneur, accustomed to unpredictable and provocative statements on the social network, said: “And I buy Manchester United, you’re welcome“.
Then asked by a user to find out if he was “serious“, Elon Musk admitted that he was joking. “No, it’s a longtime joke on Twitter. I don’t buy no sports team“replied the richest businessman in the world.
The English club, listed on the New York Stock Exchange for ten years, has a market capitalization of 2.08 billion dollars. The action which had closed stable Tuesday at 12.78 dollars (+0.08%) lost 2.11% in electronic trading after the close.
Although no shareholder holds a majority stake, Manchester United is controlled by the six children of American businessman Malcolm Glazer, who took over the company in 2005 before passing away in 2014.
Manchester United last in the league
The club’s management came under fierce protest from supporters in April last year when they tried to take part in a breakaway European Super League plan, which was eventually scrapped. The Red Devils wanted, with 5 other English clubs, 3 Spanish and 3 Italian, to create a rival European competition of the Champions League, an initiative which had provoked strong political and sporting protests, but also strong reactions from the supporters of the clubs concerned.
Severely corrected last Saturday in Brentford (4-0), Manchester United is currently in an unworthy last place in the English Championship after two defeats in two matches, far behind a successful leading duo, made up of Arsenal and Manchester City, convincing winners.
As for Elon Musk, he recently sold nearly $7 billion worth of shares in his car group Tesla, while he is in the midst of a legal battle over his failed takeover project of the social network Twitter.