When does the SEC declare Musk a market disruption.?
His comments on Signal led to it becoming the number one rated app in the play store. This weeks comments on Etsy saw a price spike as day investors piled into the stock. And his support of GameStop has led to short selling funds going bust. They lost $1.6Bn in a single day.
Is Musk the new Buffet who was able to move markets with his investment decisions? He became a self fulfilling prophecy. Now that is real market power indeed. If you are consistently right then you are the lighthouse for the market.
https://edition.cnn.com/2021/01/26/investing/gamestop-stock-elon-musk-reddit/index.html