In an email to staff, the social media firm's new. Elon Musk responded to the latest major development in his ongoing feud with Twitter early Monday morning tweeting out a meme of him laughing after Twitter reportedly lawyered up to sue. One of the WSB subreddit's rules is "no political bullshit," but it's hard to deny that there's something very political about this fight. On 26 January 2021, his one-word tweet Gamestonk received (at the time of publishing) more than 47 000 retweets and 250 000 likes, with thousands of people. Elon Musk has told Twitter staff that they must commit to working 'long hours at high intensity' or else leave the company, according to reports. In a way, the GameStop short squeeze is about something purer than profit or lolz: giving the middle finger to big finance. If the SEC steps in to impose fines on redditors, it would be pretty unprecedented, according to Bloomberg columnist Matt Levine. Yet suddenly, Wall Street is panicking and saying that what WSB has done is dangerous and that now, new rules need to be instituted. Shares of GameStop were up more than 60 in after-hours. Some claim the GameStop’s market capitalization soared by.
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