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Stock impact report

Ryanair CEO fires back after Musk floats buying Europe's largest airline [FOX Business Network]

Ryanair Holdings plc - American Depositary Shares, each representing five Ordinary Shares (RYAAY) 
US:NASDAQ Investor Relations: investor.ryanair.com
Ryanair CEO Michael O'Leary fired back at Elon Musk 's recent suggestion that he might buy the airline, escalating a feud between the two as they continue trading insults and jabs. O'Leary, the head of Europe's largest airline by passenger numbers, dismissed Musk's assertion that he might try to buy the company and replace him. "If he wants to invest in Ryanair, we would think it's a very good investment," O'Leary said at a Dublin news conference , according to Reuters. "Mr. Musk is welcome to buy shares, but he can't take control." O'Leary added that European Union rules prohibit foreign ownership of the airline, and Musk was born in South Africa and is based in the United States. The comments came after Musk suggested he might buy the airline and "put someone whose actual name is Ryan in charge," including running a poll on X in which roughly 75% of respondents backed his idea. The quarrel between the Irish businessman and one of the world's richest men has been simmering Show less Read more
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