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Musk vs. Zuckerberg Fight to Stream on X, But Will it Revive the Platform?

2 mins
Updated by Kyle Baird
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In Brief

  • Elon Musk and Mark Zuckerberg plan to live-stream a cage fight on X, previously known as Twitter, to raise money for charity.
  • The fight is part of a larger competition for dominance in the social media market, with Twitter rebranding to X and Meta launching Threads.
  • Both X and Threads face challenges with spam bots and scammers, and Musk has ruled out launching a crypto token for X.
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Tech billionaires Elon Musk and Mark Zuckerberg appeared to have agreed to duke it out in a cage fight. Over the weekend, Musk stated that the fight will be streamed live on X, the platform formerly known as Twitter.

On Aug. 6, Elon must tweeted (X’d) that the “Zuck v Musk fight will be live-streamed on X,” adding that all proceeds will go to charity for veterans.

Elon Musk vs. Mark Zuckerberg Showdown

The story began in June when Elon Musk tweeted that he would be “up for a cage fight” with Meta CEO Mark Zuckerberg, who responded with “send me location.” 

At the time, The Verge confirmed that Zuckerberg was serious and had previously been training in mixed martial arts (MMA). Musk’s preparations included weights since he doesn’t have time to work out, he said on Aug. 6: 

“Am lifting weights throughout the day, preparing for the fight. Don’t have time to work out, so I just bring them to work.”

However, the battle remains a war of words at the moment, with Zuckerberg responding to Musk’s live stream on X declaration with: 

“Shouldn’t we use a more reliable platform that can actually raise money for charity?”

On his recently launched rival platform Threads, the Meta CEO continued: 

“I’m ready today. I suggested Aug 26 when he first challenged, but he hasn’t confirmed. Not holding my breath. I love this sport and will continue competing with people who train no matter what happens here.”

Spam Bot Plague and Pumps and Dumps

The pair are also grappling for a larger slice of a shrinking social media market. Twitter rebranded to X in an effort to claw back dwindling user numbers and revenues. Meanwhile, Meta launched Threads in direct competition, but engagement has been falling since it went live in early July.

Both platforms are plagued by spam bots and scammers despite efforts to combat the scourge. Musk introduced rate limits to tackle the problem, but it appears to have driven some users away.

Over the weekend, BeInCrypto reported that Elon Musk has ruled out launching a crypto token for the micro-blogging platform. 

Furthermore, the comments came after an unrelated and unendorsed coin called TwitterDAO pumped and dumped on Aug. 5. 

In late July, degens also piled into an unrelated token called X after the rebrand was announced. 

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Martin Young
Martin Young is a seasoned cryptocurrency journalist and editor with over 7 years of experience covering the latest news and trends in the digital asset space. He is passionate about making complex blockchain, fintech, and macroeconomics concepts understandable for mainstream audiences.   Martin has been featured in top finance, technology, and crypto publications including BeInCrypto, CoinTelegraph, NewsBTC, FX Empire, and Asia Times. His articles provide an in-depth analysis of...