Currently, Elon Musk has over 64 million followers on Twitter. Not only that, all of Musk’s companies have a strong online fan base that closely follows upcoming announcements with fervor.
And one new theory that has been making rounds on Tesla Twitter is the 12/9 hypothesis. According to Tesla bulls and investors on Twitter, the EV maker is planning to do a stock split on December 9, hence the 12/9 theory.
The theory initially began with Tesla’s previous stock split. On May 1 (5/1), Elon Musk tweeted the Tesla stock price was too high. The same year, Tesla announced a 5:1 stock split, which in turn led to a strong price rally for the EV maker’s stock.
Tesla stock price is too high imo— Elon Musk (@elonmusk) May 1, 2020
Some on Twitter believe this was more than a mere coincidence and that it was a cryptic message by Musk announcing the stock split to his followers.
Taking this as a starting point the 12/9 hypothesis tries to predict Tesla’s next stock split. The beginning of the theory could be traced back to an Elon Musk joke with his two favorite numbers (420 & 69).
Musk wrote on Twitter “due to inflation $420 has gone up by 69”, Adam Hoove then did some number magic adding 420 and 69, which gives us 489, add the first two digits again 4 + 8 which gives 12, leave the 9 as it is and boom 12/9.
This means a splitty on 12/9420+69=4894+8=129=9Splitty mcsplittsville on 12/9— McRuined (@adamhoov) November 15, 2021
Adam most likely intended the theory as a joke however, Tesla Twitter took the hypothesis and ran with it trying to find 12/9 in all of Musk’s and Tesla’s activities.
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The next supposed hint came in the way of Musk’s celebration of the Falcon 9’s 129th orbital launch. If you happen to be unfamiliar with the Falcon 9, it is Musk’s space venture, SpaceX’s workhorse rocket.
Following the 129th celebration, there have been many incidences where the numbers 12 and 9 could logically be inferred from Elon Musk’s words and actions. You can read the 12/9 theory in all its absurd glory in this Adam Hoov Twitter thread.
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Some of the supporting details were so elaborate the theory was starting to look real. However, Elon has poured cold water on the theory at his latest appearance on the Wall Street Journal’s CEO summit.
Musk, asked by the moderator what is going to happen with Tesla on December 9, Musk answered simply saying “nothing as far as I know”. Musk added “I don’t know where this came from, this is one of those memes that just came out of nowhere. As far as I know, nothing, maybe something might happen that I’m not aware of”
Musk’s statement finally puts to rest the 12/9 theory. However, as Musk likes to say, fate loves irony, so if anything indeed happens to Tesla on December 9 we will surely be on the lookout. Make sure to visit our site torquenews.com/Tesla regularly for the latest news.
So what do you think? Bummed there will not be a Tesla stock split on December 9? Have any theories about what else might happen on 12/9? Let me know your thoughts down in the comments below.
For more information check out: Tesla To Speak On Energy Storage With Itaipu, 2nd Biggest Hydroelectric Dam In The World Also, see Tesla Cybertruck - the Bad News
Tinsae Aregay has been following Tesla and The evolution of the EV space on a daily basis for several years. He covers everything about Tesla from the cars to Elon Musk, the energy business, and autonomy. Follow Tinsae on Twitter at @TinsaeAregay for daily Tesla news.