Manchester United and Elon Musk

The stock price is volatile and influenced by wealth investors’ comments.

Business magnate and investor Elon Musk tweeted he could buy Manchester United, an English soccer club valued at around 2 billion Dollars in the market.

Interestingly, Musk clarified the tweet he made was not serious and added MU is ever his favorite team since childhood.

At the time when he mentioned Manchester United on Twitter, the price of its stock surged 17% immediately. 

On one side, the fans of MU expressed their hope for the club’s new owner. On the other side, people were skeptical about the frequent jocking of billionaires.

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