Multi-trillion-dollar stock market swings on Monday appear to have been set off by false reports on Elon Musk’s X. Experts say the episode highlights the social media site’s enduring relevance, even as it helps amplify falsehoods.

How did it happen?

  • queermunist she/her
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    672 months ago

    It was a pump-and-dump scam, I’m almost sure of it.

    Someone made millions off of that Xeet.

      • sunzu2
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        62 months ago

        That’s only works when you are running the OP, rest of us end up bag holding

        • Echo Dot
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          2 months ago

          Just invest gold and wait for the inevitable heart attack/assassination/assassination made to look like a heart attack

          • sunzu2
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            12 months ago

            Not big on commodities tbh

            Also metals are hyper manipulated markets for various reasons so they don’t trade like boomer gold big think they do

          • @Ledericas@lemm.ee
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            12 months ago

            its kinda too protected to be shot, probably something that has tendancy to cause high energy reaction in materials.