Shares of Samsung Publishing, one of the largest shareholders in the production of the viral YouTube sensation “Baby Shark”, enjoyed an unexpected boom on Wednesday after Tesla CEO Elon Musk posted a song on Twitter, the latest example of a billionaire’s ability to move the market with one post on social networks.
Shares of Samsung-based publishing house Samsung – which differs from South Korea’s Samsung Group – gathered more than 10% after Musk mentioned the South Korean-produced song on Wednesday, reaching its highest level since early May.
Although the value continued to decline trading, the stock closed about 6.3% more than the opening.
Musky twitter was the answer to a video from the account of the American comedy show South Park which shows various early internet memes – including the guy from “Nume Nume”, Chris Crocker called “Leave Britney Alone”, the singer of “Chocolate Rain” and “Dramatic Squirrel” – a cartoon fight.
“A baby shark is crushing everything,” the billionaire wrote.
Musk’s ability to move markets with its activities on social networks it began to attract increasing regulatory oversight. With potential market initiation during the conversation eye CD Project, GameStop, Etsy and Signal (which was actually unrelated the company he discussed), Musk’s own company Tesla also found itself at the center of insane social media, something the U.S. Securities and Exchange Commission sued care for. Cryptocurrency markets are also particularly vulnerable to Musk’s activities – particularly bitcoin and dogecoin – ranging from mem publishing and encouraging caution for investors to express concerns about environment the impact of bitcoin mining, which accelerated the crypto market by $ 700 billion clash.
A large number of
8.7 billion. Here are how many views the viral video has rackan up. This is, as Musk said in his tweet, “more views than people”. It is the most watched video on YouTube and has enjoyed wide popularity since it was featured in 2018.
A surprising fact
Just ten music videos – which now dominate YouTube’s lists of popular content – have garnered more than 20 million likes. Of which, five are South Korean works, including Baby Shark.