If tech giant Elon Musk were to take over Liverpool FC, the soccer club could quickly become the wealthiest in the world, thanks to his eye-watering net worth.

Speculation about Musk’s potential venture into English soccer has ramped up recently after his father, Errol Musk, hinted at his son’s interest in acquiring the Reds from the current proprietors, Fenway Sports Group (FSG). Speaking to Times Radio, Errol was coy, saying: “I can’t comment on that. They’ll raise the price.”

But when prodded further on buying Liverpool, which is known as one of England’s most successful ever clubs, he admitted: “Oh, yes. But that doesn’t mean he’s buying it. He would like to, yes, obviously. Anybody would want to so would I.” Despite the buzz, the prospect of Musk snapping up one of the Premier League’s crown jewels seems a distant reality for now, with FSG, who also own MLB franchise, Boston Red Sox, not looking to sell.

Yet, Errol did reveal a personal connection linking Musk to the city, which is the birthplace of The Beatles. “His grandmother was born in Liverpool, and we have relatives in Liverpool,” he said.

“We were fortunate to know quite a lot of The Beatles because they grew up with some of my family. So, we are attached to Liverpool, you know,” he added.

With an estimated fortune of $415.8billion (£344.7bn) as reported by Forbes, there’s no question that Musk has the financial muscle to make such a high-profile purchase and alter the landscape of the English game, as per the Mirror. In 2022, he made waves when he bought Twitter, now rebranded as ‘X’, for a staggering $44bn (£35.3bn).

Musk appeared at many of Donald Trump's campaign rallies for the 2024 election

Musk appeared at many of Donald Trump’s campaign rallies for the 2024 election ( 

Image:

AP)

However, despite the fact that buying a soccer club would be a less expensive venture, it’s speculated that moving into sports may not be high on the agenda for the man recently named co-head of president-elect Donald Trump’s new ‘Department of Government Efficiency’. Musk’s journey to unparalleled wealth began in his early years.

Born in 1971 into an affluent family, the mogul showed an early fascination with technology and innovation, prompting him to move to the U.S. at 17 to attend college. In 1995, he and his brother, Kimbal, founded Zip2 Corporation. Zip2, which facilitated content for The New York Times and Chicago Tribune websites, was a huge success, and in 1999 the brothers sold it for $277m (£225m).

With the proceeds from the Zip2 sale, they established online banking service X.com. The company later merged with cash transfer service PayPal, and Musk became a billionaire when X.com was bought by eBay for a hefty $1.8bn (£1.5bn) in 2002.

As PayPal’s largest shareholder with 11.7%, Musk received $176m (£142m). Then came the ventures that Musk is most known for – Tesla and SpaceX. Musk established SpaceX in 2002 and joined Tesla Motors in 2004.

John Henry

John W. Henry is the current owner of Liverpool ( 

Image:

UEFA via Getty Images)

By 2008, SpaceX had secured a contract from NASA to manage cargo transport for the International Space Station, with an eye on replacing NASA’s own space shuttle missions in the future. SpaceX is now estimated to be worth a whopping $431bn (£350bn).

However, that’s small change compared to the value of Tesla, the car company Musk took over as CEO in 2004. As per Companies Market Cap, as of January 2025, Tesla has a market cap of a staggering $1,262 trillion (£1.023T), making it the world’s 8th most valuable company.

Tesla’s shares also saw a nearly 70% rise in 2024, and have surged since the US election which saw Trump return to the Oval Office, partly due to Musk’s non-stop campaigning. Musk’s net worth has also soared by 77% since Trump’s re-election in November, according to Bloomberg, making him the first individual in history to surpass the $400bn mark.