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Elon Musk

What Will Elon Musk Buy Next? Sportsbooks Give Musk 25% Chance of Buying NFL Team

With so many eyes on Elon Musk's recent purchase of Twitter, many have been wondering what Musk will purchase next. Well, sportsbooks have weighed in and give him a 25% chance of buying an NFL team. What else might he buy? Find out here.

Brian Good - December 20, 2022, 11:12 AM EST

3 min

What Will Elon Musk Buy Next? Sportsbooks Give Musk 25% Chance of Buying NFL Team

What will Elon Musk buy next? That seems to be the question on everyone's mind following his recent purchase and takeover of Twitter.

The Tesla CEO and SpaceX founder has been letting his thoughts fly on Twitter, even asking his followers if they think he should step down from Twitter and promising to abide by the results of the poll. Unfortunately for him, the results didn't go in his favor, as you can see below.

Now that we have the results, and it seems like Musk may be headed toward not running the day-to-day operations of his newest purchase, what will Elon Musk buy next?

Well, luckily for us, sportsbooks have priced up the market and it appears as though NFL ownership may be in Elon Musk's future. Or, at the very least, sportsbooks think it's the most plausible purchase for the billionaire.

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What Will Elon Musk Buy Next?

Next Company Purchased by Musk

Odds

Implied Chance

NFL Franchise

+300

25%

Premier League Club

+400

20%

Amazon

+450

18.2%

Apple

+600

14.3%

Microsoft

+1200

7.7%

Disney

+1200

7.7%

Facebook

+1500

6.3%

TikTok

+2000

4.8%

Peloton

+2000

4.8%

YouTube

+2000

4.8%

Walmart

+3000

3.2%

Coca-Cola

+3500

2.8%

For some reason, sportsbooks seem to think that Elon Musk's next purchase will be an NFL franchise. The market doesn't specify which team Musk would buy, but rather gives bettors the chance to bet on any team becoming Musk's.

Right now, the latest odds have Musk's odds to buy an NFL team at +300, implying a 25% chance that is his next purchase.

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After an NFL team, the next purchase that sportsbooks have their eyes on is an English Premier League team. Musk is a soccer fan and was spotted at the World Cup this past week, so it appears as though the interest is there. I guess that's why those odds currently sit at +400.

After NFL and EPL teams, the rest of the options listed on the odds market are all well-known companies. From Apple and Amazon to Peloton and Coca-Cola, sportsbooks have odds for Musk buying all your favorite brands as his next purchase.

Twitter Users Vote for Elon Musk to Step Down from Twitter

As noted above, Elon Musk recently left it up to a Twitter poll to decide if he will be running the day-to-day operations of the social media site he just purchased or if he should allow someone else to run it.

Musk is a polarizing figure, so no one really knew what to expect from Elon Musk's Twitter poll, but in the end, there were over 17.5 million votes cast and the results were crystal clear.

Will Elon Musk actually step down from running Twitter? I don't know. But, in the past, he's prided himself on publically being a man of his word. So, it would be quite difficult to walk back on this one, especially when it says in the post that he will abide by the results.

Elon Musk's Twitter Deal - How Much Elon Musk Paid For Twitter

When Elon Musk's Twitter deal went through, there was quite a bit of skepticism from those following the ordeal. For a while, it seemed as though Musk was just trying to get under the skin of those that ran the social media company.

But, in the end, Musk was able to purchase Twitter for roughly $44 billion. That number came about as he paid $54.20 per share of Twitter in order to take control, well clear of the amount it was being traded for at the time.

  • How much did Elon Musk pay for Twitter?: $44 Billion

Will Elon Musk Step Down From Twitter?

The short answer is we don't know. As I mentioned earlier, he has often claimed to be a man of his word, but there is obviously nothing legally binding him to abide by the results of a Twitter poll, even if he said he would.

My thought is that he assumed he would come out on top of the Twitter poll and most would not want him to step down. But, I don't think he will now turn over the keys to the company he spent most of his life savings to buy.

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