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Apparently Elon Musk can control stock exchange with tweets. It happened a few times when stock were going up or down after his tweets. I think he is buying Twitter and advocates for free speech to be able to control the stock exchange even more, because he will be able to say more in his tweets. What do you think about this?

Apparently Elon Musk can control stock exchange with tweets. It happened a few times when stock were going up or down after his tweets. I think he is buying Twitter and advocates for free speech to be able to control the stock exchange even more, because he will be able to say more in his tweets. What do you think about this?

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[–] 1 pt

What is the SEC?

FTFY

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Idk about stocks but he can sure tweet the crypto market into some movement. He single handedly made absolute shitcoin doge one of the top gainers in 2021.

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Stock prices have always swung based on public opinion, whether that comes in the newspaper, radio, tv or now twitter. This is nothing new.

A stock price is: fair market + expected returns + risk premium. 2 of those 3 are subject to public opinion.

It's all just way more visible now

Trump sure did so why can't Elon is redundant. If your opinion is respected by many then you can influence the stock market.

[–] 0 pt

It's all an artificial game of who can lead the pack. Most people are watching for the hint that things are about to shift, so they can be ahead and short/long the market for profit. Thus, it's very unpredictable.