A while ago, Elon Musk bought a “hand-knit wool Marvin the Martian helm for his dog” on Etsy, and the interesting experience he had on the site prompted him to post a simple tweet saying that “I kinda love Etsy.”
Elon’s followers immediately started asking him for more details and that was when he replied to them and told them what he bought. Followers then requested him for pictures of his purchase, and Elon Musk was kind enough to share some pictures of his dog in the newly bought knitwear too.
All of this commotion over Twitter led to Etsy’s premarket trade shares jump up to almost 9% within few hours of Elon Musk’s tweets.
The company saw such an outstanding response to Elon’s tweets that they posted a tweet saying, “@elonmusk we love you to Mars and back.”
This is not the first time Musk has affected the shares and market value of different things positively. If we say that Elon Musk is one of the most enigmatic people in this world, we will not be wrong. He is controversial and he raises controversies with his often-bold comments, but he does not fight or indulge in social platform wars, nor does he usually respond to others bickering about his statements or him. He is one of those people whom the world loves to listen to and pay attention to. They may disagree with many of his views, but they cannot argue with his intellect and bold, decisive mannerism with which he sees the world, faces it head-on and takes his companies to the highest peaks of success.
The legend ‘he touches it to turn it into gold’ seems to get real when Elon Musk says something praiseworthy, as it happened with Etsy.
Etsy’s Unique Factors
Etsy is an interesting marketplace that was founded in 2005. It helps buyers find unique items, and Etsy’s website also says that its search tools provide the users with a chance to explore more than 81 million items from over 3.7 million active sellers.
For now, Etsy shares go up by 9% after Elon Musk’s tweets, and for that, the company can thank him profusely!
I’m Ava Paul, an experienced news website author with a special focus on the entertainment section. Over the past five years, I have worked in various positions of media and communication at World Stock Market. My experience has given me extensive knowledge in writing, editing, researching and reporting on stories related to the entertainment industry.
