In an unexpected turn of events, rumors have been swirling lately about a potential cage fight between two tech titans, Meta’s (NASDAQ: META) Mark Zuckerberg and Tesla’s (NASDAQ: TSLA) Elon Musk.
The prospect of these influential billionaires going head-to-head has captivated the attention of the world, with many speculating that it could become the most-watched fight in history.
How could this impact Tesla and Meta stock prices?
The outcome of a potential cage fight between Elon Musk and Mark Zuckerberg could have far-reaching implications for not only their personal reputations, but also the stock prices of their companies.
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A victory for Musk could potentially lead to a surge in Tesla’s share price, while causing a decline in Meta’s stock value. Conversely, if Zuckerberg emerges as the victor, Meta’s stock might experience a boost, while Tesla’s shares could face a decline.
In 2021, TSLA stock price fell sharply after Musk published a poll on Twitter, asking whether he should sell his 10% stake in the electric vehicle (EV) maker. The majority of Twitter users voted in favor of the proposed move, sending Tesla’s share price tumbling over 7%.
Because Musk and Zuckerberg are among the most influential individuals, a significant impact on their companies’ stock prices after a potential cage fight can be expected.
For that reason, investors are likely to closely monitor the developments surrounding the fight, strategically adjusting their positions to seize potential opportunities or mitigate potential losses.
How did it come to this?
Speculations about a potential face-off between the two billionaires emerged in June when Musk replied to a tweet talking about Zuckerberg’s Meta potentially launching a Twitter rival app, saying, “I’m up for a cage match if he is lol.”
Shortly after, Zuckerberg accepted the proposal by replying with a “Send Me Location” post on Instagram.
But apparently, this was not only a harmless exchange between Musk and Zuckerberg on their favorite social media platforms. In fact, the New York Times reported that both parties were actually discussing organizing a fight through an exhibition match produced by Ultimate Fighting Championship President Dana White.
Musk and Zuckerberg could face each other in a legendary venue
The initial reports about Musk and Zuckerberg battling it out in a cage suggested that the match could happen in Las Vegas.
However, there is now an alternative, perhaps more appealing venue. In particular, Italy’s Ministry of Culture expressed interest to allow the fight to happen in Rome’s Colosseum, the largest ancient amphitheater ever built, according to the New York Post.
Both Musk and Zuckerberg have been increasingly promoting the potential exhibition match in recent days. The reports about it possibly happening in Colosseum came after Musk tweeted, “Some chance fight happens in Colosseum.” In turn, the Italian government reached out to social media leaders to talk about making happen.
