In recent news, Elon Musk has once again been making waves in the tech industry. Last month, he caused a global buzz by announcing the significant rebranding of Twitter to “X.”
But the excitement doesn’t stop there. Recently, there have been claims that Musk is launching a new AI-powered trading platform. This news has caught many people’s interest, especially those involved in the stock market and trading.
Social Media Posts
Facebook Page called “Elon musk trading company” published the post claiming that Elon Musk is launching his new AI-powered trading platform.
We also found another similar post from the Facebook page called “Elon Musk Trading Platform” with the similar claim.
After investigation, we have found that the claim was false and likely to be a scam.
Fact-Check
We began the investigation by reviewing the claiming profiles. Our review revealed that both profiles were created only a few months ago. In May, one of the profiles changed its name to include Musk’s name, as shown below:
Furthermore, similar claims about Musk’s trading platform had already circulated months ago, as reported by Factly (watch the video here). According to the report, no confirmed information from reputable sources exists that Elon is launching the trading platform.
And on August 4th, Elon Musk denied the claim that Twitter/X will launch its own stock trading platform via his account in response to a tweet.
Conclusion
The claims...
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