Elon Musk has bought Coca-Cola!
Tech mogul Elon Musk recently acquired Coca-Cola, just days after buying Twitter for $44 billion.The news caused a surprise when Musk said he wanted to reintroduce cocaine into the drink, reviving the debate about the contents of Coca-Cola, which is named for the original ingredients: coca leaves and kola nuts. While the current formula of Coca-Cola remains a well-guarded trade secret, it is known that overconsumption of the drink is unhealthy.
Musk tweeted, “Next thing I buy is Coke to put the cocaine back in,” a statement that quickly earned over 3.6 million likes in the first 16 hours.In the drink’s early days, the original recipe did include cocaine, but over the years, use of the drug was stigmatized and eventually banned in the United States.
Despite the Twitter purchase, Musk still is the world’s richest man, with a net worth of about $253 billion, while Coca-Cola is valued at about $284 billion.To finance the deal, Musk may need a loan, possibly from Morgan Stanley, the bank that also advised him on Twitter.
Coca-Cola, which competes with brands such as Pepsi and Red Bull, has faced criticism for its high sugar content and has adapted by launching sugar-free variants. The growing preference for natural beverages and fruit juices presents a significant challenge for the beverage giant.
Musk, known for his bold initiatives with Tesla and SpaceX, could face similar difficulties to those he encountered during the acquisition of Twitter. However, his determined approach and entrepreneurial vision enable him to meet these challenges.His fans encourage him to further expand his investments, even suggesting the purchase of platforms such as Facebook and YouTube.
With this move, Musk ventures into the food and beverage sector, surprising the public once again and confirming his reputation as the king of surprises.
