Elon Musk 'The Magic Radius'- This Is One Of The Controversial Statements That Have Shaken The Market

thecekodok

 Many must not forget the huge impact of Elon Musk's fingers who wrote the statement on his favorite social media site, namely on Twitter, which had a great impact in the market.


The latest to steal the spotlight was on a surge in shares of candy company Mayora last week after a video of Elon Musk eating Kopiko candy offered by an Indonesian delegation during a discussion session at Tesla’s office was leaked.


The world's richest millionaire and CEO of Tesla, showing only a thumbs up with both thumbs, has pushed the shares of Indonesian Kopiko confectionery company Mayora to 7.3%.


This is not the first time Musk has shown the impact of his influence to the world, with his ‘crazy’ temperament on Twitter as well as spontaneous decisions that have rocked the market several times.



Here are some of the effects of the influence of Musk’s tweets on the market -changing Twitter page.


Musk’s ‘Gamestonk’ tweet on January 26, 2021 has led to a 157% explosion in GameStop meme shares at $ 300.

Musk, who is so obsessed with Shiba Inu’s dog meme cryptocurrency asset, Dogecoin (DOGE) that he calls himself ‘dogefather’, wrote the phrase ‘Dogecoin to the Moooonn’ has caused the digital currency to explode 35%.

When the non-fungible token (NFT) hype dominated the market in March last year, Musk had expressed a desire to allow the purchase of Tesla products using crypto assets and the matter has driven the digital currency market to its fullest.

Musk's ‘U-turn’ decision to refuse to use digital currency due to concerns over environmental issues from the mining of crypto assets has caused Tesla's shares to plummet, as well as causing the digital currency market to fall.

In June the crypto market rebounded when Musk once again made a ‘U-turn’ decision when he found the issue of environmental security as a result of digital currency mining could be resolved in the future.

The introduction of Floki Inu (FLOKI), a cryptocurrency inspired by Musk's Shiba Inu dog, has once again made the digital currency market explode with the value of DOGE re -emerging.

In November Musk had taken a poll on Twitter to decide whether he should sell his 10% stake in Tesl, has prompted the company’s shares to explode again from the slump.

In April this year, Musk's decision to buy Twitter shook the stock market when ‘blue bird’ stocks rallied, even though the acquisition is still pending.

It turns out that the impact brought by Elon Musk’s influence on the market is not small, from the digital currency market to the stock market, but comprehensive and potentially changing investor sentiment.


Talking about the impact of influential individuals in the market, besides Elon Musk, football star Cristiano Ronaldo also had a huge influence in the market when his action of removing a bottle of Coca-Cola has caused the company’s shares to fall.


Although the Cola-Cola incident is 2 years old, the fall in the company's market value of $ 4 billion as a result of Cristiano Ronaldo's casual actions is still remembered as a huge influence in the market.