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Elon Musk May Now Buy Coca-Cola as He Wants to Put the Cocaine Back In

The world’s richest person and space tourism enthusiast Elon Musk is in the news yet again as he tweeted on 28th April that he is looking forward to buying Coca-Cola.

Just like we purchase our grocery needs from a nearby retail store, the celebrity CEO of Tesla is on a buying spree adding companies to his shopping cart.

On Thursday Musk took to Twitter to say “Next I’m buying Coca-Cola to put the cocaine back in”.

The valuation of Coca-Cola is approximately $284.20 billion based on the last closing price of the stock. Coca-cola registered excellent sales for the latest quarter.

Hold your breath before this appears as a controversial statement. The beverage giant used to contain a small percentage of Cocaine in its drink during its early which was reduced gradually and eventually eliminated.

Elon Musk’s Sarcasm

The Tesla CEO jokingly tweeted this so that he can get its original recipe and reintroduce cocaine, an ingredient that is restricted for use as it is considered a drug according to US law.

The tweet went viral and it received a lot of attention from fellow users. It was liked by 3.1 million users and 484K users retweeted this in a span of just 10 hours.

Several Twitter started creating and sharing hilarious memes on this.

One user posted a pic of an 1894 Coke bottle which contains 3.5 grams of cocaine.

The new Twitter boss informed his followers that he just can’t do miracles and told them that he also promised to buy McDonald’s to fix all the ice cream vending machines of the quick-service restaurant giant.

Cocaine and Coca Cola

The inventor of Coca-Cola, John Pemberton recipe had cocaine in the form of an extract of the coca leaf as per the US National Institute of Drug Abuse. It was legal to use Cocaine and found commonly in medicines when the beverage was invented more than a century ago.

Back in time, it was perceived to be safe to use in small portions. The use of cocaine was eliminated only in 1929 during the US Prohibition Era.

Twitter Buy-Out

He reached a deal with Twitter to buy out a 100% stake for approximately $44 billion. The micro-blogging site issued a statement on the 25th of April.

It read, “Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company.”

Contours of the Twitter Deal

Musk said, “Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important. Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated”.

Musk’s buyout of Twitter is the world’s third-biggest tech deal in terms of valuation preceded by the Dell-EMC deal worth $67 billion in 2016 and AMD’s acquisition of Xilinx worth $50 billion this year in 2022.

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Archana Kabra
Archana Kabra is a Freelance Writer and has been extensively writing stuff related to Entertainment, Lifestyle, and Technology. She is also an ardent music lover. Twitter handle: @archana153sarda
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