I kinda love Etsy: Elon Musk's tweet benefits Etsy in share market

KATHMANDU: Elon Musk in his very recent tweet shared, 'I kinda love Etsy', following which the shares of online art selling Etsy in premarket trade increased rapidly.

The tweet earned massive number of retweets and engagements drastically. In only about 30 minutes, the post gained 1,588 retweets and 27.11K likes.

I kinda love Etsy

— Elon Musk (@elonmusk) January 26, 2021

According to marketwatch.com, Etsy's shares raised from -2.24% and jumped 5% in premarket trade after Tesla CEO's tweet.

Musk shared that he bought a hand knit wool Marvin the Martian helm for his dog but didn't discuss Etsy in particular.