The head of the American electric cars Tesla manufacturer Musk raised the value of stock of a foreign company by his tweet. The Etsy marketplace rose more than 11 percent and climbed above $232 after a post on social media that he loved the service. This is evidenced by the trading data.
“I kinda love Etsy. Bought a hand knit wool Marvin the Martian helm for my dog,” Musk said. We are talking about the villain, the cruel ruler of Mars from the animated films “Looney Tunes” and “Funny Melodies”, who wants to destroy the Earth and subjugate the galaxy.
This is not the first time when a tweet by Elon Musk about one or other company leads to an increase in its stock. In early 2021, the businessman raised the value of the stock of Japanese video game developer Bandai Namco by publishing a meme with the game and anime character Idolmaster. The company’s stock rose 4.4 percent on the Tokyo Stock Exchange.