‘I am a supporter of bitcoin’


Elon Musk, founder of SpaceX and chief executive officer of Tesla Inc., arrives at the Axel Springer Award ceremony in Berlin, Germany, on Tuesday, Dec. 1, 2020.

Liesa Johannssen-Koppitz | Bloomberg | Getty Images

Elon Musk is doubling down on his flirtation with bitcoin.

Early Friday, the billionaire Tesla boss added the hashtag #bitcoin to his Twitter bio, in a move that helped to briefly push up the price of the cryptocurrency by as much as 20{fbc7a75af74adfbeb2d3baecdf7daa64e5d3521205059ee8f1fef6bec19bbc34}.

In a discussion on the popular Clubhouse audio chat app late Sunday (Pacific time), Musk confirmed he was a supporter of bitcoin.

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Robinhood’s bid to ‘democratise finance’ collides with Wall St reality


Robinhood’s ambition to “democratise finance” is set for one of its biggest tests after a week of chaotic trading that pushed it to seek an urgent injection of $1bn and infuriated many of its most loyal clients.

The tumult has exposed the competing priorities the popular trading app faces between pleasing its users and the realities of operating in the heavily regulated financial industry.

The battle between individual investors and Wall Street hedge funds that reached a peak last Thursday sent shockwaves through the Silicon Valley company that has come to exemplify the new breed of organised groups of

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These Are the Misconceptions Minorities Have About Personal Finance


TheStreet sat down with Lauren Simmons, the youngest-ever female trader on the New York Stock Exchange to discuss misconceptions about finance that minorities should avoid.

“I think finance has got this facade that it’s not inclusive,” says Simmons, “and it can be and it’s a lot easier than people think it is.”

Simmons, 26, who left Wall Street to pursue the world of entrepreneurship, has been working as a speaker on personal finance for women, young people, and minorities.

“…Finance is easy once you learn the basics,” says Simmons, while talking to TheStreet on the occasion of Black History Month,

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