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International Business Times UK
International Business Times UK
Mathew Erpansizo

Elon Musk Stuns Fans by Declaring Berkshire Hathaway Is 'High on Coke' Over Massive Dividend Windfall

Elon Musk’s ‘high on Coke’ remark highlights Berkshire Hathaway’s Coca-Cola dividends, projected at about £633 million ($848 million) for 2026 (Credit: Gage Skidmore/Flickr CC BY-SA 4.0/Wikimedia Commons)

Elon Musk called Berkshire Hathaway 'high on Coke' on X after learning it received about £526 million ($704 million) in Coca-Cola dividends in 2022, as his remark referred to the company's investment in the drinks maker.

The payout came from Berkshire's roughly 400 million Coca-Cola shares. That holding is projected to generate about £633 million ($848 million) in 2026, as higher dividends increase the annual income from the investment that prompted Musk's comment.

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