Gamestop Mayhem, Robinhood Scandal, Musk Tweets... Apr 2026

On January 26, 2021, Elon Musk amplified the frenzy by tweeting a single word——accompanied by a link to the WSB subreddit.

: By buying GME en masse, retail investors triggered a "short squeeze," forcing hedge funds that bet against the stock to buy shares back at skyrocketing prices to cover their losses. GameStop mayhem, Robinhood scandal, Musk tweets...

The climax of the saga occurred on January 28, 2021, when the commission-free brokerage Robinhood and several other platforms abruptly restricted users from buying GME and other "meme stocks" like AMC and BlackBerry. An in-depth timeline of the GameStop short squeeze saga On January 26, 2021, Elon Musk amplified the

The "mayhem" originated on Reddit's r/WallStreetBets (WSB) forum , where retail traders identified that GameStop (GME) was one of the most heavily shorted stocks on the market, with short interest exceeding 140% of its available shares. An in-depth timeline of the GameStop short squeeze