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Exhibit 43 (Dkt. 567-43, S.D. Fla.)

Summary

Exhibit 43 (Document 567-43) in Case 1:21-md-02989-CMA, entered on the FLSD docket June 7, 2023, is a three-page printout of a cnbc.com article by Jessica Bursztynsky, published January 26, 2021 at 5:00 PM EST and updated Wed, Jan 27 at 9:56 AM EST, headlined GameStop jumps as Elon Musk tweets out Reddit board that's hyping stock. The article reports that shares of GameStop were up more than 60% in after-hours trading after Tesla CEO Elon Musk tweeted Gamestonk!! with a link to the wallstreetbets Reddit page of more than 2 million subscribers, that the stock had closed up 92.7% on Tuesday, and that Social Capital's Chamath Palihapitiya had tweeted that he bought GameStop call options. It adds that Musk's call-outs have moved stock prices before and that the SEC declined to comment.

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Date
2023-06-07

Cite this document

“Exhibit 43 (Dkt. 567-43).” Original at archive.org, dated 2023-06-07. Archived at Pandemic Darlings, https://pandemicdarlings.com/source-documents/2023-06-07-covid-era-misc-1a7eef68-1/, SHA-256 1a7eef68e9de4d2854ca1ba6705374270ca4cf6334e6a86b6efee830651c6318.

Full text

Case 1:21-md-02989-CMA Document 567-43 Entered on FLSD Docket 06/07/2023 Page 1 of 3




                                Exhibit 43
Case 1:21-md-02989-CMA Document 567-43 Entered on FLSD Docket 06/07/2023 Page 2 of 3



  GameStop jumps as Elon Musk tweets out Reddit board
  that's hyping stock
     cnbc.com/2021/01/26/gamestop-jumps-as-elon-musk-tweets-out-reddit-board-thats-hyping-stock.html

  Jessica Bursztynsky                                                                                  January 26, 2021


  Tech

  GameStop jumps after hours as Elon Musk tweets out Reddit board
  that's hyping stock
  Published Tue, Jan 26 20215:00 PM ESTUpdated Wed, Jan 27 20219:56 AM EST

  Jessica Bursztynsky@jbursz
  WATCH LIVE
  Key Points

         Tesla CEO Elon Musk seemed to rally behind GameStop's epic surge, tweeting out a
         link to the Reddit board that's largely hyped the stock.
         Shares of GameStop were up more than 60% in after-hours trading following Musk's
         tweet, which linked to the "wallstreetbets" Reddit page that has more than 2 million
         subscribers.
         The Tesla CEO tweeted "Gamestonk!!"
         The stock had closed up 92.7% on Tuesday.




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Case 1:21-md-02989-CMA Document 567-43 Entered on FLSD Docket 06/07/2023 Page 3 of 3

  watch now

  VIDEO0:0000:00

  Retail investors drive GameStop's explosive rise despite fundamentals

  Stock Picks
  Tesla CEO Elon Musk seemed to rally behind GameStop's epic surge, tweeting out a link to
  the Reddit board that's largely hyped the stock.

  Shares of GameStop were up more than 60% in after-hours trading on Tuesday following
  Musk's tweet, which linked to the "wallstreetbets" Reddit page that has more than 2 million
  subscribers. The Tesla CEO tweeted "Gamestonk!!"

  The stock surged earlier in the day after Social Capital's Chamath Palihapitiya said in a tweet
  that he bought GameStop call options, betting the stock will go higher. The stock closed up
  92.7% on Tuesday.

  Musk's call-outs to certain companies have influenced stock prices before. Earlier Tuesday,
  he tweeted about a hand-knit wool hat he bought for his dog on Etsy. That sent shares of the
  company up as much as 8% in premarket trading, though it ultimately closed down 2.1%.

  The CEO has faced problems with the SEC for tweeting about Tesla's stock. In August 2018,
  he said he wanted to take Tesla private at $420 per share and that he had secured the
  funding to do so. Musk and Tesla each had to pay the SEC a $20 million fine to settle the
  suit, and Musk has since agreed to submit his public statements about Tesla's finances and
  other topics to vetting by its legal counsel. He infamously tweeted last year that Tesla's stock
  was "too high," sending shares down more than 10% immediately, though they more than
  rebounded within a week.

  The SEC declined to comment.

  — CNBC's Lora Kolodny contributed to this report.

  Subscribe to CNBC on YouTube.

  watch now

  VIDEO0:5100:51

  Billionaire Ray Dalio has two pieces of advice for the average investor

  Invest in You: Ready. Set. Grow.




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File and source

File
gov.uscourts.flsd.590042.567.43.pdf
Size
207,944 bytes
SHA-256
1a7eef68e9de4d2854ca1ba6705374270ca4cf6334e6a86b6efee830651c6318
Our copy
gov.uscourts.flsd.590042.567.43.pdf
Original
archive.org
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