September 27, 2022

Musk threatened to buy Coca-Cola next

Armin Laschet and Elon Musk visit the future foundry of the Tesla Gigafactory plant under construction, on August 13, 2021 in Gruenheide near Berlin, eastern Germany (Photo by ddp images/Sipa USA)

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Entrepreneur Elon Musk announced his intention to acquire the Coca-Cola company. He wrote about this on April 28 on Twitter.

“The next I buy Coca-Cola is to return [to the composition of the drink] cocaine,” the message says.

After the businessman’s statement, the company’s shares rose by 0.3%.

On April 25, it became known that Musk agreed to buy Twitter for $44 billion, after the deal is closed, the social network will become a non-public company. Earlier, on April 23, the businessman said that the purpose of buying a social network was his desire to create a public platform that enjoys maximum trust in society around the world and gives everyone the right to speak.

At the same time, he clarified that his interests do not intersect with commerce and the search for interesting investments. The board of directors hoped to avoid a takeover of Twitter by the entrepreneur, so on April 14, Musk offered to buy back shares of the social network for $41 billion ($54.2 per share), but was refused. Earlier, the leadership of the social network hoped that the entrepreneur would agree to a seat on the board of directors so that he could be limited to a maximum stake of 14.9%, but on April 11, the entrepreneur refused this offer.

On April 5, it became known that Musk became the richest man in the world according to Forbes magazine. The businessman topped the list of billionaires for the first time. According to the publication, his fortune is estimated at $ 219 billion. Over the year, he became rich by $ 68 billion.

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