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Elon Musk is currently choosing the UFC Octagon arena in Las Vegas as he plans a cage fight with Meta CEO Mark Zuckerberg.
Meta Platforms Inc (NASDAQ:META) Chairman and CEO Mark Zuckerberg is now poised for a cage battle with Tesla (NASDAQ:TSLA) CEO Elon Musk. On Wednesday, Zuckerberg posted a screenshot of Musk requesting a cage fight and captioned it “Send Me a Location.”
The banter between the two billionaires started when the founder and CEO of International Blockchain Consulting, Mario Nawfal tweeted that Meta is working on a Twitter rival called Threads. According to Nawfal, Meta started working on Threads just three months after Musk’s takeover of Twitter. Nawfal also said that Meta’s product director called Threads “our take on Twitter”. He added that Meta had “heard from creators and public figures who are interested in having a reasonably run platform”.
In response to Nawful, one user jokingly asked Musk to be careful like Zuckerberg is now doing Brazilian Jiu-Jitsu. Musk then answer to this user stating “I’m ready for home games if he lol.” In May, Zuckerberg posted he was competing in his first Jiu-Jitsu tournament and won several medals.
After Zuckerberg asked for a location, Musk tweeted The “Vegas Octagon”, referring to the UFC Apex arena in Las Vegas, is called the Octagon.
A rivalry between social media and tech CEOs that eventually leads to a physical altercation is unlikely. However, while Zuckerberg is an aspiring MMA fighter known for at least one Jiu-Jitsu belt, Musk is physically bigger and has previously referred to the “real street fights” he participated in growing up in Pretoria, South Africa’s administrative capital. Musk has admitted that he was “ridiculously beaten” in some of these fights.
Zuckerberg and Musk Fight Diverts Other Issues Two CEOs Are Quarrelling
It’s unclear whether there is an actual conflict or intellectual battle between Musk and Zuckerberg. Despite this, both lead very busy lives controlling activities in some of the biggest companies in the world. Unfortunately, both of their positions come with a lot of problems that never seem to end.
For example, Musk is still fighting a $258 billion Dogecoin (DOGE) lawsuit that accuses him of price manipulation. The lawsuit alleges Musk pumped up DOGE with multiple tweets, and at one point, replaced Twitter’s official blue bird with the DOGE Shiba Inu logo. Additionally, the complaint stated that DOGE jumped 30% in response. Interestingly, a key attorney on Musk’s legal team filed a motion to withdraw from the case.
On the other hand, Meta has laid off staff and announced another round of layoffs in May, affecting around 6,000 people. Between November and May, Meta cut more than 20,000 jobs. Zuckerberg also announced Meta is closing the additional 5,000 roles that have yet to be announced.
Also in May, the EU hit Platform Meta with a record $1.3 billion in fines for violating regional data protection laws. Regulators in the EU found Meta guilty of illegally transferring user data to the US. In addition to the fine, the Irish Data Protection Commission (DPC) ordered Meta to permanently suspend all further data transfers.
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Tolu is a cryptocurrency and blockchain enthusiast based in Lagos. He loves to unravel crypto stories to the basics so that anyone everywhere can understand them without too much background knowledge. When he’s not deep into crypto stories, Tolu enjoys music, loves singing, and is an avid film lover.
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