Elon Musk Vs. Ryanair's CEO Just Turned Into A Betting Game — And Traders Are Now Wagering On A Full-Blown Takeover

Benzinga01-17

A public war of words between Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk and Ryanair Holdings plc (NASDAQ:RYAAY) CEO Michael O'Leary has spilled into prediction markets. On Friday, Bettors on ...

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(NASDAQ:TSLA) and SpaceX CEO Elon Musk and Ryanair Holdings plc (NASDAQ:RYAAY) CEO Michael O'Leary has spilled into prediction markets.\nOn Friday, Bettors on ...</p>\n\n<a href=\"https://www.benzinga.com/markets/tech/26/01/49983318/elon-musk-vs-ryanairs-ceo-just-turned-into-a-betting-game-and-traders-are-now-wagering-on-a-full-blown-takeover\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Vs. 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(NASDAQ:TSLA) and SpaceX CEO Elon Musk and Ryanair Holdings plc (NASDAQ:RYAAY) CEO Michael O'Leary has spilled into prediction markets.\nOn Friday, Bettors on Polymarket, a crypto-based prediction platform, are mullying the chances of Musk buying Ryanair.\nAt the time of writing, the contract showed traders assigning just a 9% chance, with odds falling sharply over time and remaining firmly in single digits.\nThe declining trend and low trading volume indicate that market participants largely view a Musk-led Ryanair takeover as highly unlikely despite the high-profile Starlink feud.\nThe bet follows an escalating dispute between Musk and O'Leary over Starlink, SpaceX's satellite internet service for aircraft, which several major airlines have begun adopting.\nRyanair did not immediately respond to Benzinga’s request for comment.\nThe clash began after O'Leary dismissed Starlink's value for Ryanair's short-haul, no-frills model, telling Reuters that passengers on one-hour flights are unwilling to pay for Wi-Fi.\nHe said that they don't think their passengers would be willing to pay for WiFi for an average one-hour flight, adding that installing Starlink would cost Ryanair between $200 million and $250 million annually.\nMusk pushed back on X, writing that Ryanair would \"lose customers to airlines that do have internet.\"\nThe SpaceX CEO also said, \"I doubt they can even measure the difference in fuel use accurately, especially for a one hour flight, where the incremental drag is basically zero during the ascent phase due to high angle of attack.\"\nO'Leary escalated the rhetoric in an Irish radio interview, saying people should pay \"no attention\" whatsoever to Musk, before calling him \"an idiot.\"\nMusk responded by labeling O'Leary an \"utter idiot\" and adding: \"Fire him.\"\nWhile speaking with Reuters, O'Leary also said that Starlink antennas impose a 2% fuel penalty due to weight and drag. SpaceX executives disputed that figure.\nMichael Nicolls, SpaceX's vice president of Starlink engineering, said on X that internal analysis showed Starlink increased fuel burn by about 0.3% on a Boeing 737-800.\nMusk replied: \"Hmm, must be a way to get that down under 0.1%.\"\nThe dispute erupted as more European carriers embrace SpaceX's Starlink, which offers high-speed satellite internet on aircraft.\nGerman airline Deutsche Lufthansa (OTC:DLAKY) announced plans this week to roll out the service, while Scandinavian Airlines operated its first Starlink-equipped flight a day later.\nRYAAY maintains a stronger price trend over the short, medium and long terms with a high Momentum ranking, as per Benzinga’s Edge Stock Rankings.\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nImage by Markus Mainka via Shutterstock","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.36.0","shortVersion":"4.36.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2604627946","isCrawlerRequest":true}