News > Elon Musk praises Etsy after buying gift for dog, company's stock soars

Elon Musk praises Etsy after buying gift for dog, company's stock soars

Times Now | 27/01/2021 03:42 PM | Click to read full article

A single sentence from the world's richest man is good enough to break the internet. The stock of Etsy Inc. jumped on Tuesday after the e-commerce company earned praise from Elon Musk.

The Tesla CEO wrote on Twitter 'I kinda love Etsy', and followed it up with another tweet where he explained that he had bought a hand-knit wool Marvin the Martian helm (sic) for his dog.  Following the mention, the shares of Etsy jumped by 9%.