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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.  


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