He has done it again. Elon Musk posted one word on his Twitter account and miraculously increased the shares of a gaming merchandise retailer. The shares of GameStop were up more than 60 percent after the CEO of Tesla wrote: "Gamestonk" on Tuesday. That same day the stock closed up 92.7 percent. On Wednesday, the shares rose again, and at the moment of writing, the price has soared to over $340.
Musk apparently did not want to stop. He then tweeted about the e-commerce website Etsy, where he bought wool for his dog Marvin the Martian.
Etsy's shares soared 10 percent after the tweet, while Marvin seems to be enjoying his new outfit.