Elon Musk Tweets 'Even Discord Has Gone Corpo' After WallStreetBets Server Ban

Billionaire Elon Musk has once again weighed in on the stock market volatility triggered by the upstart Reddit community r/WallStreetBets, calling the Discord messaging platform "corpo" for temporarily banning the group's server.

Musk, the CEO of SpaceX and Tesla, tweeted on Thursday: "Even Discord has gone corpo"—a derogatory term for a person or organisation that has become "corporate."

In just six hours, his tweet sparked more than 11,200 comments. It was also retweeted over 33,000 times and garnered more than 321,000 likes—with that figure jumping by a thousand every few seconds at the time of writing.

Even Discord has gone corpo …

— Elon Musk (@elonmusk) January 28, 2021

The r/WallStreetBets group has caused a stir in recent days after its members rallied behind the struggling video game store GameStop, causing its stock to spike. This in turn hit Wall Street hedge fund short sellers, who were betting on the store's downfall, quickened by the COVID pandemic. The amateur investors' sights are also set on the struggling movie theatre chain AMC and telecommunications firms BlackBerry and Nokia.

In the past, Musk's car firm Tesla has been targeted by short sellers betting against its success.

Discord is a platform where groups can have their own servers, and can communicate using text, voice and video calls, as well as in private and public chat rooms. Its interface is comparable to the workplace messaging app Slack. Launched in 2015, Discord was originally favored by gamers but is now used by a variety of online communities.

On Wednesday, Discord confirmed to The Verge that it banned the r/WallStreetBets server because it allowed "hateful and discriminatory content after repeated warnings." It appeared to be back up hours later, with hundreds of users signing in.

Discord said: "To be clear, we did not ban this server due to financial fraud related to GameStop or other stocks. We are monitoring this situation and in the event there are allegations of illegal activities will cooperate with authorities as appropriate."

The Verge reported that users were spamming the channel with racial slurs and other hateful language.

Newsweek has contacted Discord for comment.

Musk's Discord message came after he tweeted "Gamestonk!!" on Tuesday, as the r/WallStreetBets amateur traders continued their siege on Wall Street. The post from his Twitter account, which has more than 43.3 million followers, caused the already volatile stock to surge.

An earlier post by Musk in which he tweeted "I kinda love Etsy" was similarly followed by a spike in shares for the website that sells handmade goods.

elon musk, space x, tesla, getty,
Elon Musk, CEO of SpaceX and Tesla, pictured on March 9, 2020, in Washington, D.C. Musk has described messaging platform Discord as "corpo." BRENDAN SMIALOWSKI/AFP via Getty Images