Elon Musk has emerged as a betting favorite to take over as the new owner of a struggling AFC franchise.

After winning the 2024 U.S. presidential election, Donald Trump named Elon Musk and Vivek Ramaswamy the co-leaders of the Department of Government Efficiency. As if the Tesla, Inc., X/Twitter and SpaceX head man isn’t busy enough as is.

Of course, a prominent and influential business figure like Musk can never be too tired to add more expenditures to his lifestyle. He has an estimated net worth of over $300 billion, after all.

According to the latest betting odds at Bovada, Elon Musk now has the second-best odds to replace Woody Johnson as the owner of the New York Jets. Johnson has owned the struggling AFC East squad since 2000. According to Forbes’ valuations for 2024, the team is worth $6.9-billion.

Johnson has become the target of criticism amid a disastrous 2024 Jets season that was full of hope. But the first healthy season with Aaron Rodgers has been a disaster, with the Jets near the NFL basement at 3-8.