Thanks to Twitter, Elon Musk is now also demolishing companies other than his own: Joop

Eli Lilly, the American pharmaceutical company that drove up the price of insulin so much as to make the life-saving drug unaffordable for many diabetics, has fallen on the stock market. The probable reason: Elon Musk’s disastrous handling of Twitter. A verified fake account of Eli Lilly has sent the message that insulin is now free, after which the stock precipitate.

Shortly after taking office as head of Twitter, Musk ended blue checkmarks, a system where the identity of a person or company was established after thorough scrutiny so that it became clear to users of Twitter that this was not an imitation. Recently, anyone willing to pay $8 for it (the idea was $20 at first, but after a tweet from writer Stephen King, Musk turned it into $8), can get a blue check. And it turned out exactly as almost anyone could have predicted.

In addition to that of Eli Lilly, the value of another company fell on the stock market. Namely those of the aircraft manufacturer Lockheed Martin. Again, probably thanks to a fake Twitter account. That credible-looking account tweeted that henceforth all arms deliveries to Israel, Saudi Arabia and the United States would be suspended pending investigations into their human rights violations.

In the satirical program The Daily Show, presenter Trevor Noah put his finger on a sore spot. He likened Musk’s takeover and the changes to that of a fan shouting tips at his team from the couch. Really put someone like that next to the field and then everything turns out to be a little different: