It's interesting to ponder 'why' an intelligent human being would do this. - Him having made so much money on a highly speculative asset, at one point having d

It's interesting to ponder 'why' an intelligent human being would do this. - Him having made so much money on a highly speculative asset, at one point having decided to pour a significant amount of money into it in the first place and it paying off? Almost certainly. - Musk's seemingly irrational nature, tendency to do crazy things, to the point of that a 'fan' of his would actually deem him capable of doing a bitcoin giveaway? Almost certainly. You most likely wouldn't even believe this, verified or not, if it was a more 'reputable' CEO tweeting this. - Current social media investing frenzy from stocks to altcoins to everything in between? The speed of social media, hype, buy and dump activism? People desperately trying to find their own 'opportunity' to strike gold? Imagine he wakes up the next morning, the giveaway was real, and what regrets would he have? Urgency forces stupid decisions. I am not trying to attribute responsibility, but there are quite a few factors at play here, and they explain why he did what he did. Not trying to pass judgement on him, but at that very moment, he was a gambler, a speculator, not an investor or rational person. And then this happens. It happens to people in the financial industry all the time.