Shares of the English Premier League soccer club Manchester United (NYSE: MANU) jumped more than 5% on Wednesday after the world’s richest person Elon Musk tweeted that he was buying soccer club Manchester United Plc. “Also, I’m buying Manchester United ur welcome,” the Tesla CEO tweeted. Recently, Mr Musk disclosed that he sold nearly $7 billion worth of Tesla shares.
However, shortly afterwards, in response to another tweet, Musk said he was joking about his tweet about buying Manchester United. Elon Musk tweeted, “No, this is a long-running joke on Twitter. I will not buy any sports team.” “Although, if it were any team, it would be Man U. They were my fav team as a kid.”
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