Elon Musk told his more than 41 million followers to ‘use Signal,’ leading to 1,100% surge in unrelated stock with similar name PUBLISHED FRI, JAN 8 20215:16 PM ESTUPDATED FRI, JAN 8 20216:05 PM EST Jordan Novet @JORDANNOVET
The article tells of people investing in the wrong stock but significantly more important point is that Musk is leading people away from the Silicon Valley purgers possibly signifying a break within the SV system. One can only hope.
The Signal that Musk was referring to is operated by a nonprofit and serves as an alternative to texting apps like Facebook Messenger, WhatsApp and Apple’s messaging service. That Signal took to Twitter on Friday to clarify that it has nothing to do with Signal Advance.
The Signal messaging app, backed by the Signal Technology Foundation, “runs entirely on donations,” according to a New Yorker article published in October.
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