Elon Musk Revisits His Historic Tweet, Which Exploded Market in 2021
Main Idea
Elon Musk announced an upcoming update for xAI's Grok AI chatbot, referencing his 2021 'Stonks' tweet that significantly impacted markets, while also recalling past SEC legal outcomes related to his tweets.
Key Points
1. Elon Musk announced a new update for xAI's Grok AI chatbot, which will include human-like voice capabilities.
2. Musk referenced his 2021 'Stonks' and 'Gamestonk' tweets, which previously caused significant market movements, including a surge in GameStop's stock and Bitcoin's price.
3. In 2021, Musk faced allegations of market manipulation due to his tweets, but the SEC lost a case against him regarding a 2018 tweet about taking Tesla private.
4. The article mentions other cryptocurrency-related news, such as Bitcoin being recognized as a treasury reserve asset and updates on altcoins like Ethereum and Solana.
Description
Elon Musk has reminded the community about his tweet that triggered market reaction four years ago
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