Elon Musk

The club had a market capitalisation of US$2.08 billion (S$2.87 billion), as of Tuesday's close. Read more at straitstimes.com.

At the opening home game of the season – a 2-1 loss to Brighton – a large group of fans walked toward the stadium with banners that read: “Fight greed. In 2018, he tweeted that there was “funding secured” for a US$72 billion deal to take Tesla private, but did not move ahead with an offer. “No, this is a long-running joke on Twitter. [United fans have in recent years protested against the Glazers,](https://www.straitstimes.com/sport/football/football-who-are-the-glazers-and-why-do-manchester-united-fans-dislike-their-clubs) who bought the club for 790 million pounds (S$1.32 billion) in 2005, due to the team's struggles on the pitch. The SEC did not immediately respond to a request for comment on Musk’s tweet that he was buying the club outside usual business hours. LONDON (REUTERS) - Elon Musk, the world’s richest person, tweeted on Wednesday (Aug 17) that he was joking when he said that he was going to buy English football club

Prolific tweeter Elon Musk said he is buying English football club Manchester United Plc. in a thread joking about his political allegiances.

When a [Tesla Inc.](/quote/TSLA:US) fan account asked whether Musk was serious, he replied no, he isn’t buying any sports teams. [world’s richest person](https://www.bloomberg.com/billionaires/) sent his [initial missive](https://twitter.com/elonmusk/status/1559691922725281800) about the storied club in a reply to an earlier post about his political allegiances. [Manchester United Plc](/quote/MANU:US), letting 4 1/2 hours go by before clarifying he was kidding about purchasing the English football club listed on the New York Stock Exchange.

Tesla Chief Executive Officer Elon Musk said on Tuesday (Aug 16) he was buying football club Manchester United Plc. Musk, the richest person in the world, ...

In 2018, he tweeted that there was "funding secured" for a US$72 billion deal to take Tesla private, but did not move ahead with an offer. One is a tunnel maker called the Boring Company. Some Manchester United fans, disgruntled by their club's declining fortunes of late, had previously urged Musk on Twitter to consider buying the club.

Billionaire may well not be serious in his claim but some fans welcomed the offer, given the club's current woes.

[before the deal collapsed in July](https://www.theguardian.com/technology/2022/jul/30/elon-musk-countersues-twitter-44bn), and has also boasted about [colonising Mars and boosting birthrates on Earth](https://www.theguardian.com/technology/2022/jul/10/elon-musk-stays-quiet-on-twitter-deal). They were my fav team as a kid”. [humiliating 4-0 away defeat to Brentford](https://www.theguardian.com/football/2022/aug/13/brentford-manchester-united-premier-league-match-report), the outspoken entrepreneur’s [tweet](https://twitter.com/elonmusk/status/1559691922725281800?ref_src=twsrc%5Etfw) offered hope – however –briefly – to fans [who want to see the back of current owners, the Florida-based Glazer family](https://www.theguardian.com/football/2022/aug/16/a-fish-rots-from-the-head-united-fans-plan-protests-before-liverpool-game). [falling foul of market regulators](https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwi6mv_248z5AhWJ-yoKHdSlDbcQFnoECAcQAQ&url=https%3A%2F%2Fwww.theguardian.com%2Ftechnology%2F2021%2Fjun%2F02%2Felon-musk-tweets-tesla-sec-settlement&usg=AOvVaw05p5QKvsmBih4R2p2eDvM5). With the team rooted to the bottom of the league after a [Manchester United](https://www.theguardian.com/football/manchester-united) by claiming on Twitter that he is buying the struggling Premier League club – before saying that the post was part of a “long-running joke”.

After the failed Twitter bid that has left Tesla's chief executive officer (CEO) in an arduous legal battle, Elon Musk has now set his eyes on buying the ...

Backed out, and is being sued," the user said. And shortly after this tweet, he said, "Also, I'm buying Manchester United ur welcome." The microblogging website and the world's richest man are now heading to trial after Musk sought to abandon his deal to acquire Twitter over what he says is a misrepresentation of fake accounts on the site.

Elon Musk, the world's richest person, on Tuesday (Aug 17) tweeted that he was buying football club Manchester United Plc, without offering any details.

In 2018, he tweeted that there was "funding secured" for a US$72 billion deal to take Tesla private, but did not move ahead with an offer. One is a tunnel maker called the Boring Company. Some Manchester United fans, disgruntled by their club's declining fortunes of late, had previously urged Musk on Twitter to consider buying the club.

Musk, who has a history of irreverent tweets, had expressed interest in purchasing the storied but troubled soccer club that Forbes values at $4.6 billion.

United is also the only Premier League club to pay dividends to its shareholders — chiefly the Glazers — and as of this spring, it was more than $716 million in debt, financial filings show. By 2018, the takeover had drained the club of more than about $1.2 billion in interest, costs, fees and dividends, [the Guardian reported](https://www.theguardian.com/football/2021/may/02/timeline-glazers-and-their-turbulent-reign-at-manchester-united). A fan group is set to stage another demonstration against the owners when Liverpool visits for a league game Monday. Its storied stadium, Old Trafford, is in [dire need of refurbishment](https://www.theguardian.com/football/2019/dec/11/old-trafford-symbol-manchester-united-faded-grandeur-tired-worn-tottenham-stadium). [Wayne Rooney](https://www.washingtonpost.com/sports/2022/07/29/wayne-rooney-dc-united-coaching-debut/?itid=lk_inline_manual_12), who have also played in Major League Soccer. In 2018, he tweeted that he had “Funding secured” to take Tesla private at $420 a share — a claim later found to be untrue, but only after it had caused the stock price to jump.

The richest man on earth has once again created chaos and commotion on the internet with his tweets.

his $44 billion acquisition of the social platform. The nine-word tweet sent Tesla stock surging at the time, but the SEC then accused him of misleading investors. [terminate](https://www.cnn.com/2022/07/29/tech/twitter-elon-musk-trial-date/index.html) However, Musk's tweets about Tesla have landed him in hot water, multiple times, with the US Securities and Exchange Commission. The stock was still up about 3% in early trading Wednesday though. "No, this is a long-running joke on Twitter.

Elon Musk, the world's richest person, tweeted on Wednesday (Aug 17) that he was joking when he said that he was going to buy English football club ...

In 2018, he tweeted that there was "funding secured" for a US$72 billion deal to take Tesla private, but did not move ahead with an offer. One is a tunnel maker called the Boring Company. Some Manchester United fans, disgruntled by their club's declining fortunes of late, had previously urged Musk on Twitter to consider buying the club.

Shares of the English soccer club Manchester United Plc briefly rose by as much as 17% in premarket trading on Wednesday.

Twitter is taking the billionaire to court over the dispute. Manchester United fans reacted surprised, yet hopeful, as many have criticized the current owners of the club, the American Glazer family. Manchester United shares, which are traded under the abbreviation MANU on the New York Stock Exchange, were up 3.68% in premarket trading as of 4:30 a.m. [tweeted](https://twitter.com/elonmusk/status/1519480761749016577?lang=en) that he would purchase Coca-Cola "to put the cocaine back in," a tweet he referred back to on Wednesday after clarifying that he would not buy Manchester United. They were my fav team as a kid." [Manchester United](//www.cnbc.com/quotes/MANU) briefly rose by as much as 17% in premarket trading Wednesday, after [Tesla](//www.cnbc.com/quotes/TSLA) CEO Elon Musk jokingly tweeted that he would buy the club.

Elon Musk caused a stir by tweeting that he was buying the English soccer team Manchester United whose current owners are opposed by many fans then saying ...

It feels like the culmination of a long-term direction of travel, the fan club said in a statement. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. The latest low came Saturday when United lost 4-0 to Brentford, a small team from west London that was promoted to the Premier League in 2021. But since Ferguson's retirement in 2013, the team has struggled to win trophies. He's now facing more legal woes over the deal to buy Twitter, which he negotiated in April.

Elon Musk was only joking when he said that he wanted to buy Manchester United. This is why so many United fans jumped on board so quickly.

"This is not about the money that has been spent or not spent. "A fish rots from the head. The move was a success. They also haven't won a Champions League title since 2007-08. In 1995, Glazer Sr looked at his ever-growing portfolio of big companies and said to himself, "Ya know what I don't have? "If the club is for sale, Jim is definitely a potential buyer," a spokesman told The Times. To make matters worse, in 2021, the family backed a move to join the The club was in debt for the first time since 1931, concerns were raised about where the money from a share float was going to go. A key player since the inception of the Premier League in the 1992-93 season, Manchester United won six of the first eight Premier League titles, and finished second in the other two seasons. Manchester United won five titles in the near-immediate aftermath of that heavily leveraged takeover — including three seasons in a row from 2006 to 2009. A major sports team", and thus pulled out his wallet and dropped a then-record $US192m on the counter to buy the Tampa Bay Buccaneers in the NFL. Manchester United are the most successful club in English football in terms of league titles won, with 20 top-flight titles to their name.

Tesla and SpaceX CEO Elon Musk has said that civilisation will be mostly solar-powered in the future, a world without Sun will turn into a dark ice ball as ...

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.) [solar energy](/topic/solar-energy) and runs the Tesla Solar vertical and that provides panels for rooftops, along with energy storage solutions. In a tweet, Musk said that almost all of Earth's energy comes from the Sun.

The Tesla CEO joked that he was buying the club on Twitter before clarifying he was a boyhood fan of the Premier League side currently run by despised ...

[just a tenth](https://www.mirror.co.uk/sport/football/news/glazers-man-utd-sell-protest-23975027) of what Musk was prepared to pay for the social media platform. [drained club coffers](https://www.thesun.co.uk/sport/19524314/glazers-man-utd-investment-decade/) to the tune of 1.1 billion pounds ($1.3 billion) in interest, dividends, and fees since taking control. [Goldman Sachs](https://fortune.com/company/goldman-sachs-group) banker Jim O’Neill dubbed the Red Knights sensed that the Glazers were not a safe pair of hands and attempted to wrest control of the club from the American family. He demanded the owners stop “hiding in Tampa” and address the problems: “Joe Glazer has got to get in a plane to Manchester tomorrow…and he’s got to tell everybody what the hell his plan is with the football club.” He inherited ownership from his father, Malcolm Glazer, who acquired United in a 2005 leveraged buyout that saddled the club with a mountain of debt, effectively forcing the club to pay for its own acquisition. Polarizing centibillionaire Elon Musk briefly sent the hearts of Manchester United fans racing the world over on Tuesday, claiming he was poised to wrestle control of the club out of the clutches of its hated current owners.

Frustrated supporters briefly hoped against hope the mogul was serious when he tweeted he was buying the struggling club. (Spoiler: He wasn't.)

It turns out Elon Musk won't actually be rescuing the suffering fans, and investors, of Manchester United. Michael Saylor still wants him to do something ...

Tesla sold 75% of its bitcoin holdings in the quarter, raising $936 million, but also recording a loss of $170 million on the remaining stake. Tesla put about $1.5 billion worth of bitcoin into its corporate reserves, to the delight of “bitcoin maxis” (i.e., true believers) like Mr. MicroStrategy has bought about 130,000 bitcoins over the past two years, turning the business-software company into more or less a bitcoin investment fund.\n\nMr.