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Making money from Elon Musk’s tweets

Whenever Elon Musk so much as mentions a company in one of his tweets, the market moves drastically. How can you use his tweets to make money?

The impact

On 26th of Januray 2021, Elon Musk tweeted: “Gamestonk!! and a link to the subreddit r/wallstreetbets. This caused the GameStop value to skyrocket in after-hours trading, leaving it at a valuation of $10 billion.

On the same day, 26th of January, he tweeted: “I kinda love Etsy”. This increased the Etsy shares by 9%.

On the 1st of May 2020, Musk tweeted: “Tesla stock is too high imo”. This caused the Tesla share price to fall nearly 12% in the next half hour.

On the 7th of January 2021, he tweeted: “Use Signal”. This tweet caused the stock for Signal Advance to skyrocket 1,100%.

On 29th of Januray 2021 Elon Musk added #bitcoin to his Twitter bio and the cryptocurrency price increased by 20%.

How to use his tweets to your advantage

We recommend that you start following Elon Musk on his twitter account. You should also turn on notifications so you always are one of the first to see his tweets. If he mentions a specific company, consider investing in it.

Disclaimer: Our articles are for educational and/or entertainment purposes only. Nothing on this website should be construed as financial advice or a recommendation to buy or sell any sort of security or investment.