I *do* think Musk's use of Twitter is often sleazy and does manipulate markets. I don't know if that's his intent. I wouldn't want laws against it specifically but I would use that evidence to look in to other relationships with the market, much like I would when Trump was POTUS. POTUS holding a position of legal power, and proclaiming tweets as official channels, I do think there should be laws, if there aren't already. Again, while I think the Musk and POTUS use of mass (social) media is, quite frankly, immoral, the real problem (I suspect, I'm very much ignorant of larger SEC machinations) would be the legal process just not finding .001% white criminal process worth going through. Yes, Musk, has lost millions in high profile investigations but to my knowledge the only investigation was in to his "funding achieved" tweet and that was one of???? The greater point of using Musk as an example is the perception that is too often shown to be more than just perception that three phases are bad and not getting better in environment where continues to accelerate its journey to the hands of the very few: Existing law, law making, and law enforcement.
http://octopusoverlords.com/forum/viewt ... =6&t=84770
Institutional (if that is the right word. Again ignorance) short sellers are in another basket.
I suspect its just a matter of time until we discover the 100s of SPACs (something I only learned of this year. Again ignorance) become another basket.
Being legal, doesn't make it virtuous not even amoral. I don't doubt that the wealthy spend [sagan]billions[/sagan] on finding and walking the line with the legal approach to find shitty ways to amass more wealth at the expense of others while contributing nothing.