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339

How a false X post about pausing tariffs led to multi-trillion-dollar market swings. (text.npr.org)

submitted 1 week ago by Tea@programming.dev to c/technology@lemmy.world

60 comments fedilink hide all child comments

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?

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[–] Prime_Minister_Keyes@lemm.ee 1 points 1 week ago (1 children)

If you control social media, you also control who gets to see what in their feeds.

[–] Ulrich@feddit.org 1 points 1 week ago (1 children)

So you think Elon was behind this?

[–] Ledericas@lemm.ee 1 points 1 week ago (1 children)

why not, hes losing billions in tesla right now, he probably also wants to make others who helped him recoup some lossess.

[–] Ulrich@feddit.org 1 points 1 week ago

The question is not "why not", the questions is "why do you think that?"