Musk has twitter. Time to trade?
It is now official. Elon Musk has bought Twitter. Elon Musk has been manipulating the markets for months with just few tweets. Tweets about Shiba Inu, news about his companies, rumors that he is buying twitter ( that in the end were true) and buying other companies.
It is hard to say if he is making money from his companies or from his tweet’s market volatility.
But in all seriousness, you can already notice the changes to the company.
— Twitter stock stopped trading Friday, several top executives were fired and some accounts disappeared.
The New York Stock Exchange published that that it was removing Twitter’s stock listing (ticker: TWTR) because Musk’s holding firm acquired the company on Thursday.
It is still uncertain what will happen to the employees as rumors fly around about the majority of them being fired.
Let’s keep an eye on his twitter account for trading opportunities. A $44 billion deal with an eccentric Musk will not be without big surprises.