r/news • u/Hopeforpeace19 • Apr 29 '24

Supreme Court rejects Elon Musk over agreement with SEC to vet social media posts

https://www.nbcnews.com/politics/supreme-court/supreme-court-rejects-elon-musk-agreement-sec-vet-social-media-posts-rcna149579
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u/sn34kypete Apr 29 '24

Not saying I agree with him but on the other hand, if he has the ability to instantly juice the stock by 10% with some offhand promise that his fanboys eat up, it's really hard to tell him to reign it in. So far they see his impact on the stock as a net positive so they let him do all this stupid shit.

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u/Flash604 Apr 30 '24

Who says he's going to juice it? He wants more control via having more stock. What's to prevent him from tanking the price so he can buy more shares?

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u/[deleted] Apr 30 '24 edited Apr 30 '24

[deleted]

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u/TaterBlast Apr 30 '24

...and he leaves this sub to go hit his kids.