I'm surprised why people are making crazy investments based on someone's recommendation?
This kind of pumping and emptying should stop. It is a good example of the blindness of the weak financial intelligence of many people.
I guess it isn't surprising since Elon Musk is well known, and well, for real, most people have weak financial intelligence imo. They're pretty much the ones that just let themselves get swept by the wave, not really thinking about the hows of things. Not to mention how there were quite a LOT of articles about Elon Musk just tweeting stuff, and then stocks of that particular company related to that tweet surges. It may be just thought of as a coincidence, but hell some people wouldn't agree with that.
The entire spike may not be entirely due to Elon Musk, but we can't entirely write off his influence.