Elon Musk has made several high-profile moves that are sending shockwaves through the financial world. Among these developments is the potential merger of his X social media platform, which has been a subject of speculation for months.
Meanwhile, a major settlement in relation to the collapse of TerraLuna (Luna) is also underway. The situation highlights concerns about liquidity illusion and market volatility.
Furthermore, several individuals have received convictions or pardons in connection with alleged fraud schemes. This raises questions about accountability and regulatory oversight.
In related news, the New York Stock Exchange (NYSE) has announced plans to expand its operations into Texas.
Source: https://www.bloomberg.com/opinion/newsletters/2025-03-31/musk-merged-his-xes