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Elon Musk Teases Next Acquisition After $44 Billion Twitter Buyout

Home> News

Published 10:35 29 Apr 2022 GMT+1

Elon Musk Teases Next Acquisition After $44 Billion Twitter Buyout

I'm going to build my own Twitter with cocaine and soda.

Georgina Young

Georgina Young

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Featured Image Credit: Universal Pictures / Elon Musk - Joe Rogan Podcast

Topics: Real Life

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The news that world’s leading richo and wannabe Martian, Elon Musk, applied to purchase Twitter this week has led people to question what is next for the man who has an estimated wealth of around a third of a trillion dollars.

The deal hasn’t been finalised yet and there is still some speculation as to whether it will go through at all. Musk offered Twitter $44 billion, with around half of that being loaned from the bank, and the other half being provided from Musk’s private wealth, including stock in his company Tesla.

If you want to know more about how Musk made his money, you can watch an interview with him following his first major sale in the video below.

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However, according to The Washington Post, the deal might not go through. It would cost either party $1 billion to pull out of the deal, but in a deal of this size, that amount would not deter them from cancelling the transaction if needed. With both Twitter and Tesla stock prices falling since the announcement there is still the possibility of renegotiation. 

This hasn’t bothered Musk, who already has his sights set on his next deal. In his classic rapscallion ways he tweeted out his desire to buy Coca-Cola to “put the cocaine back in.” Not only did he tweet this but he tagged the company in another tweet with the phrase “Oh hi lol”.

While Musk is known to do plenty of things in the name of a good meme, this is very likely out of the realm of possibility. Firstly, Coca-Cola is one of the biggest companies in the world, and is valued at a similar amount to Musk at around $300 billion. 

It is also murky as to whether cocaine was ever present in Coca-Cola. While the company now denies it, it seems likely that it was in some way. When the drink was invented in 1884, cocaine was legal in America, and an extract of the coca leaf - the same leaf cocaine is made from - was included in a list of ingredients. 

Cocaine is now illegal so it seems unlikely that even cocaine adjacent ingredients will ever be allowed back on the market. However, with the way the world is going, who knows what’s on the horizon. 

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