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Elon Musk outmuscled by Mark Zuckerberg’s money in politics

Elon Musk outmuscled by Mark Zuckerberg’s money in politics

This article originally appeared in OpenSecrets. Sign up for their weekly newsletter to receive stories like this one in your inbox.

Billionaire tech titans Elon Musk and Mark Zuckerberg are seemingly training for a cage fight, but the duel is already playing out in the digital marketplace. Musk’s company Twitter took a hit in website traffic as its new competitor Threads surpassed records for online platform growth. Zuckerberg, founder and CEO of Meta, formerly named Facebook, boasted that its new app had garnered 100 million users in just five days.

Musk initially proposed the cage match on June 20, in response to a tweet about Twitter’s upcoming rival, and Zuckerberg responded on Instagram, which Meta bought for $1 billion in 2012. After the launch of Threads, Twitter threatened Meta with legal action, calling the platform a “copycat” app. Musk and Zuckerberg have been dissing each other on their respective platforms ever since. ...