![]() ![]() ![]() On January 27, Musk tweeted the word "Gamestonk" and shared a link to the Reddit chat forum 'Wallstreetbets', of which participants had reportedly driven the spike in GameStop's share price. John Raoux/AP Elon Musk will soon hold the keys to Twitter. In response to a query by a Twitter user, Musk has advised investing in stocks "that make goods & produce services you love"īuy & hold companies that make goods & produce services you love Twitter on Monday announced it has accepted billionaire Elon Musks bid to takeover the social media company for 44 billion. Musk also put out another tweet that took a dig at "shorty apologists". Elon Musk, the CEO of SpaceX and Tesla, hopped on the GameStop bandwagon with a single tweet that said, 'Gamestonk' This post was enough to push the price of the company's stocks higher. Tesla CEO Elon Musk played a part in the saga, too, when he added his two cents with a one-(made-up-)word tweet: Gamestonk And GameStops price shot up. The hedge fund sold its 5 stake after Elon Musk tweeted about the Reddit-fueled rally. ![]() The traders caused a surge in GameStop's share price, causing a short squeeze and hurting hedge funds who had shorted the stock. Senvest Management made 700 million on its Gamestop investment, The Wall Street Journal reported. Then Elon Musk weighed in with a simple tweet on Jan. The comment comes a day after retail investors caused a rally in video game retailer GameStop's shares. Elon Musk Gamestonk - Etsy Check out our elon musk gamestonk selection for the very best in unique or custom, handmade pieces from our shops. Gamestop Stock (GME) jumped to almost 250 a share after a 'Gamestonk' Tweet by Elon Musk. In an email to staff, the social media firms. Tesla Chief Executive Officer Elon Musk has said shorting is legal "only for vestigial reasons". Even with this Gamestop news today, short interest is still arou. Elon Musk has told Twitter staff that they must commit to working 'long hours at high intensity' or else leave the company, according to reports. ![]()
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