Multi-trillion-dollar stock market swings on Monday appear to have been set off by false reports on Elon Musk’s X. Experts say the episode highlights the social media site’s enduring relevance, even as it helps amplify falsehoods.

How did it happen?

    • Ulrich@feddit.org
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      4 days ago

      Okay, and what did the “adult frat boys” do, exactly?

      Also worth noting that the White House has now confirmed the 90 day tariff freeze.

      • KeenFlame@feddit.nu
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        3 days ago

        They do various schemes to manipulate and extract money from the free markets.

        It’s not a conspiracy, they are quite open even with their methods, because they are… Bragging… About it.

        • Ulrich@feddit.org
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          3 days ago

          Great, so you shouldn’t have any problem explaining exactly what they did?