Elon Musk, founder and CEO of the electric car manufacturer Tesla, became the largest shareholder in the social media company Twitter. Musk, worth an estimated $282 billion, purchased 73 million shares to give him a 9.2% stake in the company.

Rap legend Nas announced that he has partnered with Royal, a song ownership platform, and has executed an NFT drop. In the drop, consumers have the opportunity to purchase NFTs that will allow them to receive varying levels of streaming royalty rights.

Nike is expanding into the Metaverse by acquiring RTFKT Studios. RTFKT specializes in producing items with a mix of culture and gaming elements in the digital world. This makes Nike one of the first apparel companies to expand into the Metaverse.

On December 14, 2021, Tesla CEO Elon Musk tweeted he would accept Dogecoin as payment when purchasing select items from the Tesla merchandise store. The announcement by Musk caused the value of Dogecoin to increase by 20%.

Elon Musk allegedly violated one of the agreements in a pending securities lawsuit from 2018. According to the SEC, the co-founder of Tesla used his Twitter to provide financial information about the company that caused Tesla stock to increase.

Many small businesses jump-start their brands by designing their websites and promoting products and services on platforms like Facebook and Instagram. With Facebook's most recent global outage, it taught businesses they must rely on more than just Facebook.

Due to the pandemic, Hertz filed for bankruptcy. Less than four months after coming out of bankruptcy, they announced a deal with Tesla. The deal with Tesla will include 100,000 Model 3s, which will be shipped to Hertz by the end of 2022.

Bitcoin’s price surged to an all-time high of $66,974 on Wednesday, October 20, 2021. Many speculate the price increase was due to Bitcoin’s futures ETF, BITO, debuting on the New York Stock Exchange.

Twitter CEO Jack Dorsey announced he would be allowing the users of its platform to tip their favorite content creators with Bitcoin starting with Apple iOS users beginning this week.

President Joe Biden announced that unemployed Americans would no longer be eligible for unemployment benefits if they turn down a suitable job. Many believe President Biden's announcement is in response to many employers complaining of hiring struggles.

On March 13, 2020, the president announced that interest would be waived on all federally held student loans.