you might want to check who owns majority of FAANG stocks. once you identified those, check how much they own of each others. Musk is just doing what everyone else does
I'll do you one better. The Market Makers are Vanguard, Blackrock and State Street which are majority shareholders of 80% of the SP500. They control the price using swarms of HFT bots, most likely running Blackrock's Aladdin algo which they license. The largest shareholder of Blackrock, is Vanguard.
