IPFS News Link • Social Networking/Social Media
Billionaire Elon Musk Says He's Leaving Twitter For 'A While'
• Forbes...the move comes after a number of his recent posts encouraged a stock market frenzy driven by an army of Reddit-informed retail traders.
KEY FACTS
-"Off Twitter for a while," Musk tweeted to his 44.8 million followers early Tuesday morning.
-The Tesla and SpaceX CEO did not give a reason for his decision to leave the platform nor an indication of how long the break will last.
-Musk's recent activity on the platform has caused dramatic shifts in financial markets, with the price of bitcoin rising 15% after he changed his Twitter bio to read "Bitcoin" and GameStop shares, already subject to a concerted short squeeze effort by Reddit traders, rose 56% after he tweeted "Gamestonk!!" in support of the movement.
Off Twitter for a while
— Elon Musk (@elonmusk) February 2, 2021