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Elon Musk, a new Wall Street oracle?

The Hindu | 02/02/2021 01:21 PM | Click to read full article

The business giant, who has expressed his contempt for investors betting on a decline in a company's shares, waded in on the GameStop affair by tweeting a link to the Reddit group WallStreetBets, which helped stock of the video game specialist take off.

With his social media prognostications about Bitcoin or GameStop, Elon Musk has been venturing further away from his own businesses and becoming more like a Wall Street heavyweight who can move markets with just a few words.