The battle of the billionaires could be back on, according to recent comments from both Elon Musk and Mark Zuckerberg. After exchanging words on social media, the two billionaires previously agreed to settle their differences in a cage fight.
Here’s an update on the potential match and the betting odds.
What Happened: Zuckerberg, the CEO of Meta Platforms META, answered the challenge from Twitter owner and Tesla Inc TSLA CEO Elon Musk, by telling him previously to “send me location.”
Following rumors about the intensity of the rivalry, UFC President Dana White revealed that he spoke to both billionaires, who were serious about engaging in a fight. White has gone on record to say that the fight could generate millions of dollars for charity.
“This would be the biggest fight ever in the history of the world. It would break all pay-per-view records,” White previously said.
White said the fight could carry a price tag of $100 and potentially outperform previous record-breaking pay-per-view boxing and UFC bouts.
“This is the biggest fight that could ever be made in the history of the world, it’s that big.”
Both billionaires appear ready to fight, but two potential roadblocks have emerged.
Musk revealed that he could need surgery after experiencing “mega back pain.”
“Exact date is still in flux. I’m getting an MRI of my neck & upper back tomorrow. May require surgery before the fight can happen,” Musk tweeted.
The potential surgery and seriousness of the fight and the risk of further injury could become a point of concern for Tesla investors.
Another roadblock to the potential mega-fight could be the streaming platform of choice. Musk has suggested that the fight will be streamed on X, the social media platform he purchased for $44 billion.
Zuckerberg, who indicated that Aug. 26 was the proposed date for the cage fight, said he would rather see the fight streamed on a more reliable platform, possibly alluding to Facebook or Instagram, platforms that his company, Meta Platforms, owns.
Musk and Zuckerberg have both been training with UFC Champions: Zuckerberg has been training with Israel Adesanya and Musk is working with Georges St. Pierre.
Zuckerberg is listed with a height in the range of 5’7” to 5’8”. Musk is listed at a height of 6’1” to 6’2”.
Musk has previously said he may have an advantage due to his size, and also jokingly noted that he has a “great move” called “The Walrus” where he lies on top of his opponent and does nothing.
“Rich Dad Poor Dad” author Robert Kiyosaki said that most people don’t care about the fight, but noted that it could generate millions of dollars for charity. The author said he wants to see an MMA-style fight between Donald Trump and Joe Biden.
Related Link: 52 Facts And Figures About Elon Musk
Betting Odds of Billionaire Bout: Benzinga previously reported that several bookmakers had set initial betting odds on the potential cage fight.
In June, DraftKings Inc DKNG listed the odds at -160 for Zuckerberg and +140 for Musk, with the Meta Platforms CEO favored.
A new update from Oddspedia gives Zuckerberg a huge boost in the fight and predicts that he is the heavy favorite in the fight.
After previously listing Zuckerberg as the favorite at odds of -333, Zuckerberg is now listed as the favorite with odds of -588.
Musk has seen his odds get worse, listed as the underdog at odds of +350, up from his previous odds of +220 in June.
This means that bettors who back Musk would win substantially more if the Tesla CEO manages to secure a victory in the fight. Here’s a look at how much a $100 bet on each billionaire would pay at current odds.
- Zuckerberg: $117.01, profit of $17.01
- Musk: +$450.00, profit of $350.00
Oddspedia also has odds on where the fight could take place, with the following listed:
- Las Vegas: -143
- Texas: +250
- European Union: +400
- Great Britain: +900
A previous poll done by Benzinga on Twitter found that 34% of followers say Zuckerberg would win the fight, compared to 33% who selected Musk as the winner. The answer “don’t care” got 20% of the overall vote, and “I hope they both lose” got 13% of the vote.
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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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