Elon Musk
Elon Musk
Out of context: Reply #1084
- Started
- Last post
- 2,425 Responses
- utopian4
The first Twitter fueled bank run...thanks Elon!
Customers withdrew $42 billion in a single day last week from Silicon Valley Bank, leaving the bank with $1 billion in negative cash balance, the company said in a regulatory filing. The staggering withdrawals unfolded at a speed enabled by digital banking and were likely fueled in part by viral panic spreading on social media platforms and, reportedly, in private chat groups.