{"id":11576,"date":"2023-08-14T10:27:34","date_gmt":"2023-08-14T10:27:34","guid":{"rendered":"https:\/\/isafespend.com\/investing\/elon-musk-vs-mark-zuckerberg-the-stupidest-story-of-the-summer-appears-over\/"},"modified":"2023-08-14T10:27:35","modified_gmt":"2023-08-14T10:27:35","slug":"elon-musk-vs-mark-zuckerberg-the-stupidest-story-of-the-summer-appears-over","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=11576","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 <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1688232680423374848?s=20\" target=\"_blank\" class=\"icon none\">out of shape<\/a> and <a rel=\"nofollow noopener\" href=\"https:\/\/twitter.com\/elonmusk\/status\/1688088820049231872?s=20\" target=\"_blank\" class=\"icon none\">unprepared<\/a> 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><strong>In real news:<\/strong> Tesla cuts prices for some Model Y versions in China, as price war ramps back up<\/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 Maui wildfire relief efforts.<\/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%<\/p>\n","protected":false},"author":1,"featured_media":11577,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"class_list":{"0":"post-11576","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Elon Musk vs. Mark Zuckerberg: The stupidest story of the summer appears over | iSafeSpend<\/title>\n<meta name=\"description\" content=\"The stupidest story of the summer may be over. Finally, mercifully. 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