Right. Elon Musk is a bitcoin billionaire. Elon Musk has proven he has a lot of power with cryptocurrency. Every statement or tweet of this tech billionaire can 'turn the destiny' of digital currencies, making investors constantly heartbroken.
I think the fact that hes billionaire has little to do with the market manipulation but instead it's because many people have been overhyping elon due to tesla and spacex, you know all the space things like mars ,etc
making people really comfortable and respectful with elon but unfortunately elon himself disregard all the respect and try to make money from the people following him
he has been accused of market manipulation many times, he definitely gonna do it again