Musk’s ‘cocaine’ tweet creates stir: Is he serious about buying Coca-Cola?

April 28, 2022 03:48 PM AEST | By Daniel Paul Johns

Musk’s ‘cocaine’ tweet creates stir: Is he serious about buying Coca-Cola?

Highlights

Elon Musk purchased 100% stake in Twitter for approximately US$44 billion earlier this week.

Earlier, the SpaceX founder had said that he wanted to unlock the “extraordinary potential” of the micro-blogging site.

Musk has mused how he wishes to bring back free speech to the platform.

After shocking the world by buying social media giant Twitter just days ago, Tesla boss Elon Musk has stirred the pot yet again by posting a sensational tweet. In one of his latest tweets, Musk has shared his intention to purchase Coca-Cola just “to put cocaine back” into the recipe.

On Tuesday, the SpaceX founder purchased 100% stake in Twitter for approximately US$44 billion. In the prior weeks, Musk had dropped major hints about the same by saying he wanted to unlock the “extraordinary potential” of the micro-blogging site.

Also Read: What is Elon Goat token and how is it linked to Elon Musk?

Twitter’s board of directors had previously created an anti-takeover measure known as a “poison pill” that could have made a takeover attempt effectively impossible. However, after Musk outlined the financial commitments he was ready to organise to back his offer of US$46.5 billion, the board opened negotiations with him. The deal also received the blessing of Twitter’s co-founder Jack Dorsey.

Additionally, Musk has mused how he wishes to bring back free speech to the platform, which has concerned some that former president Donald Trump might be allowed back on the network.

Not content with all the hoopla he has created with the historic purchase, Musk sent tongues wagging again on Wednesday after he tweeted “Next I’m buying Coca-Cola to put the cocaine back in”.

The iconic beverage once included cocaine in the highly guarded recipe, but the drug was removed at the beginning of the 20^th century.

It’s currently unclear whether Musk is serious about purchasing the popular drink company. If he is, it would be a much bigger task than the purchase of Twitter, with Coca-Cola currently valued at US$288 billion – about the same as Musk’s net worth.

Also Read: Elon Buys Twitter (EBT) crypto: Is it a scam, or a clever marketing strategy?

Whether Musk’s tweet is a serious step towards purchasing the iconic beverage company is yet to be seen.

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