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Will Elon Musk buy Ryanair?

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Bulls Say, Bears Say

Bulls Say

Musk has shown appetite for controversial acquisitions (Twitter/X) that surprise markets

Airlines are capital-intensive businesses where efficiency gains from AI/automation could appeal to Musk

A surprise announcement from a 1% base would be an extraordinary return

Bears Say

At 1% YES, the market has essentially ruled out a Musk-Ryanair acquisition

Musk has shown no public interest in airlines and is bandwidth-constrained across businesses

Ryanair's CEO Michael O'Leary is famously combative and unlikely to sell