Zuckerberg To Musk: Is It All Talk — Or Will You Walk The Cage Walk?
Portfolio Pulse from AJ Fabino
Elon Musk and Mark Zuckerberg are reportedly preparing for a potential cage fight, which has been escalating since June. Musk, who owns X (formerly known as Twitter), and Zuckerberg, who owns Instagram and recently launched Threads, seem to be using their platforms to fuel their rivalry. Musk's recent update on X detailed the upcoming fight, including location and charities benefitting from it, and explicitly excluded Endeavor Group Holdings Inc.'s (NYSE:EDR) UFC as a potential host. Zuckerberg, however, hinted at the possibility of collaborating with professional organizations like UFC or ONE.

August 11, 2023 | 9:20 pm
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Endeavor Group Holdings Inc.'s UFC has been mentioned in the context of a potential cage fight between Elon Musk and Mark Zuckerberg. Musk has explicitly excluded UFC as a potential host for the event.
The news of Elon Musk excluding Endeavor Group's UFC as a potential host for his cage fight with Mark Zuckerberg could potentially have a negative impact on Endeavor's stock. This is because it implies a missed opportunity for the company to host a high-profile event that could have generated significant revenue and publicity.
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