Battle of the Billionaires: Elon Musk Vs Mark Zuckerberg.

You must have heard that Elon Musk, the CEO of Tesla and SpaceX and the owner of Twitter, and Mark Zuckerberg, the CEO of Facebook and Meta Platforms, are talking about a cage fighting match these days. Yes, it's no joke guys, it actually all started last month when Elon Musk, in response to a tweet about an application on Meta Platforms wrote, "I'm ready for a cage match if he (Zuckerberg) is" wrote, "I'm ready for a cage match if he (Zuckerberg) is" Zuckerberg responded with a "Send Me Location" post on Instagram. 52-year-old Elon Musk's net worth is estimated at around $250 billion, while 39-year-old Zuckerberg's net worth is roughly $109 billion. A cold war has been going on between the two billionaires for the past 7 years and today there are talks of a cage match between the two to end the feud. what is the final reason for this fight between the two of them and how did the matter reach this point? Let's know A failed SpaceX mission. The dispute began in September 2016 when a $200 million Facebook satellite intended to provide internet coverage to countries in Africa was destroyed in a pre-launch test accident on a rocket from Musk's company SpaceX. After the incident, Zuckerberg wrote on Facebook that "he was deeply disappointed that SpaceX's launch failure destroyed our satellite". Later in 2018, Musk responded to the incident on Twitter by saying: "Yeah, it's my fault for being stupid. We gave them a free launch of the satellite, but I think they should have insurance for that satellite". Controversy on the topic of AI. Similarly, during a live Facebook stream in 2017, a user asked Zuckerberg what he thought about Musk's ideas on AI To this, Zuckerberg said, "I'm very optimistic about AI, and I don't understand why people are so anti-AI, and people who paint doomsday scenes about the future of AI are really negative, and in a way, it's quite irresponsible." it is very important here that Elon Musk is a big critic of AI and he considers AI as a threat to humanity in the future. After Zuckerberg's remarks, Musk responded on Twitter saying, "I've talked to Mark about this. He has a very limited understanding of the subject." Musk's deliberate ignorance of Facebook A year later in 2018, when Facebook's controversial privacy policies were causing the trend of #deleteFacebook everywhere, Musk deleted the Facebook accounts of his companies Tesla and SpaceX. Moreover, when WhatsApp co-founder Brian Acton was encouraging people to delete their Facebook accounts at the time, in response to one of his tweets, Musk mocked Facebook by tweeting, "What is Facebook?" In 2020, British comedian Sacha Baron Cohen criticized Zuckerberg's power and influence over Facebook in a tweet At that time, Musk responded to the tweet by once again calling Facebook useless and urging people to delete it. Meta's Threads app In 2022, Elon Musk bought Twitter for $44 billion. Shortly thereafter, Musk made major changes to Twitter's management. When Elon Musk bought Twitter, the number of employees working in it was around 8,000 while Musk fired 80 percent of the employees, in order to reduce costs, and only 1,500 employees were able to save their jobs. After that, many ex-Twitter employees reportedly got job opportunities at Zuckerberg's meta-company, leading to a huge controversy later on. On the other hand, Musk also introduced substantial improvements to Twitter's features. For example, Twitter used to have a blue-tick verification feature that was usually applied to celebrities and famous personalities by verifying their accounts, to identify their real accounts. Musk introduced this feature to general users at $8 per month. He said that spam accounts can be controlled through this but after that many big companies and brands have also created fake accounts after paid verification. In addition, Musk also said that only verified accounts will be able to see Twitter or those whose accounts are not verified will only be able to see a certain number of tweets on a daily basis There are more such features that Musk wanted to introduce on Twitter, but due to public pressure or any other reason, he has not been able to do so yet. After Elon Musk's purchase of Twitter, Twitter's popularity has declined significantly and Elon Musk has been heavily criticized by various quarters Mark Zuckerberg's company Metta has benefited the most in all this situation. On the one hand, his other social media apps, Facebook and Instagram, filled the gap to some extent and on the other hand, in early 2023, Zuckerberg announced that his company Meta was developing a new platform to compete with Twitter, which he named Project 92 at the time. Metta also criticized Musk for mismanaging Twitter and said that his upcoming new platform will be run with great prudence and order. Musk was not happy with Zuckerberg's project and expressed it several times on Twitter. He said that the world is being controlled by Zuckerberg's thumb through all major social media apps and people have no other option. There was also an exchange of interesting phrases by various users and in response to one user's tweet, Musk wrote that I am ready for a cage match if Zuckerberg is ready to which Zuckerberg replied from his Instagram account to send me his location. Meanwhile, this app was formally introduced by Meta This social media app to be launched on July 6, 2023 as Threads got record popularity after its launch and in just 24 hours more or less 3 crore people signed up on this app and today more than 10 crore people have created their accounts on this app in just 15 days. Achieving this number of subscriptions by a single website or app in such a short period of time is a record in the internet world. Earlier, Chat GPT had crossed 10 crore subscribers in 2 months Many celebrities such as singers Shakira and Jennifer Lopez and major companies such as Netflix, Amazon, Spotify and Coca-Cola are currently present on Threads. Now, because this app had similar features to Twitter, it was heavily criticized by Elon Musk. Elon Musk wrote in a tweet that "competition is fine but cheating is not" Since then, Twitter's parent company X Corporation has started formal legal proceedings against the Threads app. In a letter to Meta CEO Mark Zuckerberg, Musk's lawyer also accused the company of illegally misappropriating Twitter's trade secrets and other intellectual property. The letter accuses Meta of hiring dozens of former Twitter employees who had access to Twitter's trade secrets and other highly confidential information. In its demand, Twitter has asked Meta to immediately stop using information related to Twitter's intellectual property. In its statement, Twitter emphasized that legal action will be taken in case of non-compliance. In response, Metta has said that all these allegations are baseless and that no Twitter official is working for Metta anymore. How successful Twitter will be in this legal battle remains to be seen, but for now, people are more focused on the social media battle between the two billionaires than the legal battle itself And even more awaited is a possible cage fight between Elon Musk and Mark Zuckerberg. which is still not confirmed Cage fight or promotional campaign. Now the question is, after the clashes between Musk and Zuckerberg on social media and the cage fight invitation, will this match really going to happen or not? The president of the Ultimate Fighting Championship (UFC), Dana White, claims that both Arabs are serious about this fight But on the other hand, there is also speculation from some quarters that Zuckerberg and Musk have gained some other benefits from the immense publicity by just talking about this fight. All this publicity could possibly be aimed at diverting attention from the news they are deliberately trying to hide. For example, just before the news of this cage fight, a law was introduced in Canada recommending that social media apps pay the local media publishers to advertise news on their platforms. Soon after, Meta announced that it would cut off Facebook and Instagram users' access to news feeds in Canada after the law is passed, meaning users on those apps won't be able to see news or current affairs links. Similarly, Elon Musk's popularity has also declined to some extent over the past year. According to a US poll, Elon Musk's popularity in the US has dropped 13 points since the end of 2022, and even Tesla's reputation has been affected by his behavior. Similarly, it is said that Elon Musk's purchase of Twitter for $44 billion has reduced its current value to less than one-third So friends, we have examined the reasons for the cold war going on between billionaires Elon Musk and Mark Zuckerberg, but only time will tell in whose favor this legal or physical war will be decided. Do you think the ongoing war of words between the two billionaires is real or just a publicity stunt? Please give your valuable suggestions.