As soon as Musk's golden mouth is opened, it can make the stock market bloody.
While Tesla shareholders were still suing Musk for more than $80 billion, someone made nearly $4.5 billion on Musk's unremarkable tweet.
Senvest Management is an equity hedge fund with an average yield of just 10.5% in 2021 for the top 20 hedge funds in the world, far outperforming the 27% increase in the S&P 500, but Senvest has achieved a staggering annual return of more than 85%, becoming the best performing hedge fund in 2021 and well above the second-place Accesso's 58.37%.
According to founder and CEO Mashaal, Senvest was able to achieve such an amazing rate of return because of a tweet from Musk.
On January 26, 2021, Musk tweeted after the U.S. stock market closed, very concise, only one word - Gamestonk!!
"Stonk" is a Wall Street phrase that refers to the fact that stock prices can rise without a reason.
The tweet directly boosted GameStop, the world's largest video game retailer, to a more than 42 percent surge after hours that day, and the next day's closing high of $347.51 per share.
Senvest started configuring game stations in September 2020, and the stock price is less than $10. The tweet became a signal thrown by Mashaal, who said, "It marks the peak of momentum at the game station and we are starting to exit our remaining positions." After Musk's tweet, Senvest threw out its long position, and the share price of the game station had reached nearly $350 when it sold, and Senvest made more than 35 times.
Throwing the game station with precision allowed Senvest to make a profit of about $700 million (about 4.5 billion yuan). This trade also became the best single deal in Senvest's 25 years of existence.
Although on the last trading day of the week, U.S. stocks in the technology sector rebounded sharply, but from the overall point of view, the decline in technology stocks has made Musk and Zuckerberg's net worth shrink significantly.
On Friday, Apple's stock price closed up 6.98 percent, its biggest one-day gain in the last 18 months, and its market value rose $181.4 billion (about 1.15 trillion yuan).
Apple remains Buffett's number one heavy stock in Berkshire, with its 887.1 million shares estimated to have skyrocketed by $9.858 billion (about 62.7 billion yuan) on Friday alone.
Buffett's net worth has risen by $2.39 billion so far this year, and he is the only one of the world's top ten richest people whose net asset value has increased this year.
Buffett "survived", but Musk and Zuckerberg plummeted. According to statistics, Musk's net worth plummeted by $54.1 billion, of which $25.8 billion was reduced on Thursday alone; Zuckerberg's net worth also evaporated by $15.2 billion.