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?

  • Ogmios@sh.itjust.works
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    8 months ago

    It’s kind of frightening that people who control that much capitol are apparently unaware that social media is not gospel truth.

    • Zink@programming.dev
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      8 months ago

      They probably care less about whether it is true, and more about whether they can get their buy in before everybody else.