{"id":47962,"date":"2023-08-13T17:18:56","date_gmt":"2023-08-13T21:18:56","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/elon-musk-vs-mark-zuckerberg-the-stupidest-story-of-the-summer-appears-over\/"},"modified":"2023-08-13T17:18:59","modified_gmt":"2023-08-13T21:18:59","slug":"elon-musk-vs-mark-zuckerberg-the-stupidest-story-of-the-summer-appears-over","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=47962","title":{"rendered":"Elon Musk vs. Mark Zuckerberg: The stupidest story of the summer appears over"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002394738\" role=\"document\">\n<p>The stupidest story of the summer may be over. Finally, mercifully.<\/p>\n<p>Mark Zuckerberg, billionaire and chief executive of Meta Platforms Inc.<br \/>\n        META,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205064656\/composite\" class=\"negative\">-1.34%<\/bg-quote><span>,<\/span><br \/>\n       on Sunday appeared to pull the grown-up card \u2014 or at least the less-immature card \u2014 to scuttle a cage fight with Elon Musk, the even richer billionaire, Tesla Inc.<br \/>\n        TSLA,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203558040\/lastsale\" class=\"negative\">-1.10%<\/bg-quote><br \/>\n       CEO and X owner.<\/p>\n<div class=\"paywall\">\n<p>From the start, it was a story that appeared to live mostly in Musk\u2019s imagination. Yet it still sparked a media frenzy, as the prospect of two emotionally stunted billionaires publicly pummeling each other was not without some appeal.<\/p>\n<p>But the proposed MMA-style fight apparently met its demise the same way it was born \u2014 through a lot of online bluster.<\/p>\n<p>Weeks after proposing the fight, then resorting to multiple delaying tactics while noting how out of shape and unprepared he was, Musk apparently reached out to Zuckerberg over the weekend asking for a \u201cpractice bout\u201d first.<\/p>\n<p>Author and journalist Walter Isaacson \u2014 who is currently writing a biography of Musk \u2014 <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/WalterIsaacson\/status\/1690682632713940992\" target=\"_blank\" class=\"icon none\">tweeted <\/a>a text exchange Sunday that he said Musk had sent him.<\/p>\n<p>\u201cWanna do a practice bout at your house next week?\u201d a text apparently from Musk reads. The reply, purportedly from Zuckerberg: \u201cIf you still want to do a real MMA fight, then you should train on your own and let me know when you\u2019re ready to compete. I don\u2019t want to keep hyping something that will never happen, so you should either decide you\u2019re going to do this and do it soon, or we should move on.\u201d<\/p>\n<p>Zuckerberg later posted a more public burn on Meta\u2019s <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/teddyschleifer\/status\/1690762033925386244\" target=\"_blank\" class=\"icon none\">Threads<\/a> \u2014 the Twitter\/X rival that sparked this whole thing to begin with \u2014 saying: \u201cI think we can all agree that Elon isn\u2019t serious and it\u2019s time to move on\u2026If Elon ever gets serious about a real date and official event, he knows how to reach me. Otherwise, time to move on. I\u2019m going to focus on competing with people who take the sport seriously.\u201d<\/p>\n<p>It was unclear what the two billionaires now plan to do with their spare time, if not fight each other.<\/p>\n<p>In completely unrelated news, fellow mega-billionaire and Amazon.com Inc.<br \/>\n        AMZN,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/210331248\/composite\" class=\"negative\">-0.11%<\/bg-quote><br \/>\n       founder Jeff Bezos and his fianc\u00e9e announced a $100 million donation Friday to the Maui wildfire relief fund.<\/p>\n<\/p><\/div>\n<\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/elon-musk-vs-mark-zuckerberg-the-stupidest-story-of-the-summer-appears-over-44022704?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The stupidest story of the summer may be over. Finally, mercifully. Mark Zuckerberg, billionaire and chief executive of Meta Platforms Inc. META, -1.34%, on Sunday appeared to pull the grown-up card \u2014 or at least the less-immature card \u2014 to scuttle a cage fight with Elon Musk, the even richer billionaire, Tesla Inc. TSLA, -1.10% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":47963,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-47962","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elon Musk vs. Mark Zuckerberg: The stupidest story of the summer appears over | iFintechWorld<\/title>\n<meta name=\"description\" content=\"The stupidest story of the summer may be over. Finally, mercifully. Mark Zuckerberg, billionaire and chief executive of Meta Platforms Inc. 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