Culture

Which company was benefitted with Elon Musk’s latest tweet?

January 13, 2021

By now, it’s evident that Elon musk’s tweet can be a blessing in disguise for some companies, and the most recent instance happened with the Japanese toymaker company.

Bandai Namco Holdings recorded a 4.4 percent spike in their stock prices after Elon musk posted a meme on his Twitter account. The meme consisted of Sachiko Koshimizu, a character from the video game Idolmaster, made under the banner of Bandai Namco Holdings.

A similar situation occurred a few days ago when Musk tweet made Signal stocks splurge by 400 percent. There was some confusion as Musk promoted an instant messaging app, but instead, a medical device company with the same name was benefitted from this tweet.

It has been an exciting week for Musk after becoming the World’s Richest Man surpassing Amazon’s Jeff Bezos. And now, as we can see, Tweets from World’s Richest Man holds some significant impact!