Irish airliner Ryanair Holdings PLC (NASDAQ:RYAAY) is turning its recent clashes with Elon Musk into a marketing spectacle, with the company’s CEO, Michael O’Leary, calling a press conference to discuss the billionaire entrepreneur’s “tantrum” on X.
The ‘Great Idiots’ Sale
On Tuesday, in a post on X, the carrier announced that its CEO will “Address/undress” Musk’s latest tantrum on the platform, in a press conference in Dublin on Wednesday morning.
O’Leary also took a swipe at Musk’s understanding of the aviation industry, saying, “Musk knows even less about airline ownership rules than he does about aircraft aerodynamics,” as the company sought to convert its new online momentum into a promotional event.
The company unveiled what it called the “Great Idiots” seat sale, aimed at Musk and “other idiots on X,” with 100,000 seats up for grabs at €16.99 one way.
“Perhaps Musk needs a break,” the post said, before concluding by asking users to book their seats now “before Musk gets one.”
Musk Jokes About Buying Ryanair
This post comes following repeated jabs from Musk at O’Leary, whom he labeled “an utter idiot” for dismissing the idea of installing Starlink internet devices across the airline’s fleet, arguing the antennas would add weight and drag, driving up fuel costs.
On Tuesday, the Tesla Inc. (NASDAQ:TSLA) CEO launched a poll on X, asking users whether he should acquire Ryanair and restore “Ryan” as their “rightful ruler.” An overwhelming 76.5% of respondents answered yes.
While it remains unclear if Musk is serious about this, according to European Union law, an airline operating within the bloc must be majority-owned and effectively controlled by EU nationals.
Ryanair shares were up 1.79% on Tuesday, closing at $69.50 and are up 3.44% overnight. The stock scores high on Momentum and Value in Benzinga’s Edge Stock Rankings, with a favorable price trend in the short, medium and long terms.
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