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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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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