On Friday, Elon Musk’s SpaceX launched its initial public offering on the Nasdaq, but according to Nobel-winning economist Paul Krugman, it amounts to little more than a “shell game” as the world’s ...
Opinion
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Elon Musk's SpaceX Accused of Being 'Universe's Biggest Ponzi Scheme' Over Retirement Fund Risks
SpaceX's inclusion in the Nasdaq-100 has sparked debate over passive investing, as retirement funds are automatically exposed to its volatile stock.
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
5mon
A Real Estate Firm Promoted by X Was Alleged to Be a Ponzi Scheme. Now It’s Filed For Bankruptcy.
Some RAD investors had told Barron’s that they lost their life savings investing in the real-estate firm. The company is now ...
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