--- title: "Elon Musk Tweets About “Baby Shark,” Causing Financial Chaos" description: "Elon Shark Doo Doo Seemingly innocuous tweets by one of the richest people in the world should arguably be left untouched and met with a dismissive shrug shake of the head. But when its Elon Musk, the market usually ends up following his bidding, like a puppy being called in for dinner. In the latest […]" date: "2021-06-02" modified: "2021-06-02" authors: - name: "Victor Tangermann" job_title: "Senior Editor" link: "https://futurism.com/authors/victor" url: "https://futurism.com/the-byte/elon-musk-baby-shark" categories: - "Elon Musk" - "Future Society" - "The Industrialists" tags: - "elon musk" - "tesla" - "the digest" --- # Elon Musk Tweets About “Baby Shark,” Causing Financial Chaos ![The Tesla CEO sent shares of Samsung Publishing soaring by more than ten percent at one point by tweeting about the popular children's song "Baby Shark."]() *\Image: Futurism\* ## Elon Shark Seemingly innocuous tweets by one of the richest people in the world should arguably be met with a dismissive shrug shake of the head. But when it's Elon Musk, errant posts can send entire markets into a tailspin. In the latest instance, the Tesla CEO sent shares of Samsung Publishing soaring by more than ten percent [*CNBC* reports](). How? He tweeted about the children's musical blockbuster "Baby Shark." ## Doo Doo Doo Doo "Baby Shark crushes all!" the billionaire — who has had seven children, including most recently [a baby]() with artist Claire "Grimes" Boucher — [tweeted]() in response to a South Park meme. "More views than humans." The reason the tweet moved the financial needle is that Samsung Publishing is a major shareholder in the producer of the extremely popular children's song. Shares of the company gained over six percent in trading on Wednesday, according to *CNBC*. ## Leading On Markets Musk has also sent the value of the alterative cryptocurrency Dogecoin [on a rollercoaster ride](). His electric car company's uncertain position on the much more popular cryptocurrency Bitcoin also sent the token [on a collision course](). In other words, Musk's "Baby Shark" tweet's effect on markets shouldn't have anybody surprised at this point. His tweets have also [landed the billionaire in hot water]() with the Securities and Exchange Commission (SEC) for manipulating markets by making unsubstantiated claims about his companies' share values on Twitter. But for the time being, Musk's Twitter account will remain to be the conducting baton guiding world markets that it has been for a number of years now — SEC investigations or not. **READ MORE:** [Elon Musk tweets again, sending shares of ‘Baby Shark’ investor soaring]() \[*CNBC*\] **More on Elon Musk:** *[Tesla Owner Admits That Brake Failure Claims Were Made Up]()* ## Author I've been at Futurism since 2017, where my role has evolved to encompass design, writing, and increasingly editing. I've always been fascinated by space exploration and advanced transportation, which I've leaned into by interviewing luminaries in those fields while closely following the dimensions of policy and regulation that allow next-generation projects to succeed -- or, sometimes, to fail. I'm also keenly interested in the effects of generative AI on society, policies, and democratic institutions, as well as clean energy, physics and biology, and the vagaries of tech leadership. My work for Futurism has been cited by publications including Ars Technica, Gizmodo, PC Magazine, Jalopnik, Fox News, and the New York Post. I spent my childhood living in locations including Manila, the Philippines, and Geneva, Switzerland, attended McGill University, and now live in Toronto, Canada. Before Futurism I worked at AskMen and a small photography studio. In my free time, I'm an avid gardener, foodie, and craft beer lover, as well as a maker of artisanal hot pepper sauces. I have a magnificent dog named Freida. ### Author social links [Bluesky]()