Hours later — and after a number of information articles have been revealed about his daring declare — Musk clarified that it was all a joke.
“No, this can be a long-running joke on Twitter. I am not shopping for any sports activities groups,” he mentioned after a person requested him if he was critical concerning the buy.
Shares of Manchester United, listed on the New York Inventory Change, initially soared after hours Tuesday following the tweet however pulled again from their features. The inventory was nonetheless up about 3% in early buying and selling Wednesday although.
He even quipped in a 2019 tweet: “Some folks use their hair to precise themselves, I exploit Twitter.”
Nevertheless, Musk’s tweets about Tesla have landed him in sizzling water, a number of occasions, with the US Securities and Change Fee. His feud with the SEC dates again to his now-infamous 2018 tweet stating, “Am contemplating taking Tesla non-public at $420. Funding secured.”
The nine-word tweet despatched Tesla inventory surging on the time, however the SEC then accused him of deceptive traders. Musk and regulators ultimately reached a deal that included, amongst different provisions, a requirement that Musk achieve pre-approval from different Tesla executives previous to tweeting concerning the firm.
-— Robert Mclean contributed to this story.