Asset managers, private investment firms, and institutional investors like pension funds have divergent interests, though as the SpaceX IPO reveals, the money power acts in concert.
SpaceX
Posted inEconomic Policy
Elon Musk Is About to Make Saving for Retirement Even Harder
The upcoming SpaceX IPO will make investing in index funds for retirement worse, while Musk and friends rake in millions.
Posted inTechnology
A Market Bubble Led by AI
Artificial intelligence may not be intelligent enough to accurately value AI companies.
Posted inMoney, Politics, and Power
Elon Musk’s Plan to Make You Invest in SpaceX
He’s got his eye on your retirement savings and his net worth.
Posted inTransportation
Tesla’s Wile E. Coyote Moment Is Here
But how long can Elon Musk keep running on air? Potentially quite a long time.
Posted inLaw and Justice
A Federal Appellate Court Finds the NLRB to Be Unconstitutional
And just like that, it frees Elon Musk—and any fellow employers—to violate whatever rights their workers thought they enjoyed.
Posted inMoney, Politics, and Power
Report: 1 in 3 Big Tech Enforcement Cases Dropped by Trump Administration
Tech and crypto firms have spent $1.2 billion during and since the 2024 election, and they are reaping the benefits.
Posted inTAP
Steve Bannon Is Right About Elon Musk
Today on TAP: Trump has threatened to revoke Musk’s SpaceX government contracts. It would be better if he followed Bannon’s advice and nationalized SpaceX.
Posted inPolitics
The Elon-Trump Feud Is Oligarchy in Action
Two deranged megalomaniacs think they own the American government. Of course they end up fighting.
Posted inMoney, Politics, and Power
Elon Musk’s Fake Retreat From DOGE
Despite the billionaire nominally stepping back, his loyalists remain in control of the group.