Of course people will follow Elon Musk, because Elon Musk is a very popular and very inspiring person. The people who follow him will want to become like him in the future, so whatever Elon musk says, there will be lots of people who will follow him.
Yes, and this is only an influence on the crypto space, while in other businesses I see it is not that influential, because a Musketeer also will not be able to fully dominate the market alone, so he can also be very helpful with a large following and vice versa, because it can be mutually beneficial.