Published on 02/02/2021 at 1:00 p.m.
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Elon Musk is quitting Twitter. And this, “for a while” has informed the wealthy billionaire, founder of Tesla and SpaceX, to his nearly 45 million subscribers. Last week, Musk, who has contempt for investors betting on declining stocks, got involved in the GameStop affair, a chain of video game stores whose title recently soared and is shaking hedge funds. In a tweet, Mr. Tusk had taken off the course of this company.
Hours later, the whimsical boss’s praise on twitter about Etsy, a site specializing in small creators, had also boosted its share price. It was not the first time that Mr. Musk’s tweets had moved the markets: by mentioning bitcoin on social networks, he had raised the price of cryptocurrency. However, his presence on twitter has also caused him some legal problems in the past. He was thus forced to step down as Chairman of the Tesla Board of Directors in 2018 after a serious clash with the US Securities and Exchange Commission, accusing him of misleading investors by tweeting about a possible Tesla withdrawal. of the Stock Exchange.
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With an estimated fortune of over $ 180 billion, Musk, 49, overtook Amazon boss Jeff Bezos in early January in Bloomberg’s billionaire rankings, taking advantage of the 2020 soar in shares of his company Tesla, specializing in electric cars and darling of investors.
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