Billionaire businessman Elon Musk announced to his approximately 45 million followers on Twitter that he will be off the social media platform for a while.
HE LEADED THE CHANGE WITH HIS LAST WEEK ACTIONS
On the other hand, Musk’s recent “tweets” had a huge impact on the stock market. On Sunday, he tweeted that he was “at the Clubhouse tonight at 10:00 PM Los Angeles time.” Later, small investors rushed to buy the shares of a company called Clubhouse Media Group. Shares in the company, which have nothing to do with the practice, rose 110 percent in one day.
On Friday, after Musk added the phrase “#bitcoin” to his Twitter bio, the cryptocurrency’s value increased by 15 percent during the day. Later, the businessman shared another post on the subject: “Looking back, it was inevitable.”
Off Twitter for a while
– Elon Musk (@elonmusk) February 2, 2021
GAMESTOP SHARES INCREASED 157 PERCENT
The shares of the technology chain Gamestop were announced on Wednesday, January 27, by the technology billionaire “Gamestonk !!” After sharing it, it increased 157 percent.
Shares of the Etsy online marketplace were also up 3.5 percent after Musk shared “I love Etsy” on January 26.
Finally, on January 13, shares in Bandai Namco, a Japanese video game producer, rose 4 percent after Musk shared a photo with a character from one of his games. Musk posted, “Hey, you … Yes, Reina … You’ll make it!” using added heart emoji and emoticons.