Articles

What is the most profitable tweet in history?

The good news: it was a pithy tweet from Elon Musk, about possibly taking Tesla private, with a thinly veiled marijuana reference (target share price was cited as being $420), netting $40 million in a matter of months.

The bad news: that net windfall of $40 million went to the SEC, in the form of two $20 million fines, one payable by Tesla, and the other by Musk, personally.

And so, Musk's tweet was unexpectedly (by the SEC) and unintentionally (by Musk) profitable for the SEC, to the tune of $40 million.

There may have been more profitable tweets, but none that I know of that were that profitable, that fast.

© Voyager Vault·Home·Privacy·Not Found