Episode · on the tape
Musk's Mars Merger Pay
Matt discusses Elon Musk's Tesla and SpaceX pay packages, a Tesla-SpaceX merger's effect on his voting control, Ares buying MidCap Financial, BDC discounts, the end of the pattern-day-trader rule, payment for order flow, and Kalshi/S&P Dow Jones prediction-market indexes.
All credit goes to the biological Matt Levine.
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