EM is a man who lives for profit and his companies that bring him profit - and if he has felt something in cryptocurrencies that can bring him even more profit, he clearly shows that he will make the most of such an opportunity.
Not sure he lives for profit alone as i was following him and he sold all of his expensive properties and now living in a rented property and he did not create SpaceX initial to create profit, he created because he wanted to explore the impossibilities and his company was loosing billions for a long time until it turned profit after years of hard work and failures.
For days I have been hearing from various sources that EM will announce something tonight that will, as always, affect the price of some coins - so I already have a feeling that one man is moving the market in the direction he wants - for some it may be fun, but such power in the hands of one man is not something I like too much.
There is no doubt and the way in which he has the power to manipulate the market is simply mind boggling, i initially thought he was trolling the cryptocurrency market with his Dogecoin tweets but who would have thought that these would become serious manipulation of the market.