“Elon, you’re too poor,” says the internet in response to Musk’s Coca-Cola purchase tweet.
Coca-Cola is the world’s most valuable soft drink firm, with a market value of $284.20 billion. The entrepreneur Elon Musk startled the world when he revealed his next acquisition: Coca-Cola. The news comes only one day after Tesla CEO Elon Musk seized control of Twitter.
Despite the fact that the Coca-Cola comment was meant in fun, it sent the corporate world into a tailspin. Experts began to doubt Musk’s ability to carry off such a feat.
“Next, I’m going to buy Coca-Cola to put the cocaine back in,” he tweeted to his 87 million followers early Thursday. Statements like these are being examined to see how Musk will change the platform or what he will do next.
Coca-Cola is often recognised as the world’s most valuable soft drink business. A simple Google search reveals that its shares are worth more than Musk’s suggested $54.20 a share for Twitter, with the stock trading at $65.56 on Thursday morning and a market capitalization of $284.20 billion.
Fintwit, a financial account, responded to Musk’s remarks with a screenshot of Coca-valuation, Cola’s writing, and a quote from Musk. “You’re too poor to purchase Coca-Cola, Elon.”
Mr. Musk is the world’s richest individual, with an estimated net worth of $289 billion, according to Bloomberg. He is also the CEO of the world’s largest electric vehicle manufacturer, which lends credence to his assertion.
His article makes reference to the previous beverage company’s turbulent association with cocaine. Coca-distinctive The soft drink Cola’s is named for its two primary ingredients: coca leaves and kola nuts. Coca leaves are the raw material used to make the psychoactive drug cocaine, whereas kola nuts are a source of caffeine.
