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Creative Camouflage: New SPAC Called 5G Edge Files To Go Public Under Symbol ARK

by Tyler Durden
Thursday, Apr 01, 2021 - 02:43 PM
In these bubbly days, imitation appears to be be the sincerest form of fattening up investor returns.
In hopes of recreating the "investor confusion" ramps observed so often in late 2017 when companies scrambled to "pivot" into crypto by adding "blockchain" to their names in hopes of sparking buying interest, Bloomberg reports that a new SPAC - the New York-based 5G Edge Acquisition Corp - filed paperwork earlier this week to go public under the symbol “ARK”, which just "coincidentally" is strikingly similar to Cathie Wood’s popular ARK ETF tickers.
While it is possible that the name naming of the "5G" SPAC is just a creative consultant gone wild, the most likely explanation is that in hopes of piling on buzzwords to prompt confused retail investors to just

Beijing , China , Kathie-wood , Cathie-wood , Elon-musk , Wood-etfs , Bloomberg , Video-communications , G-edge-acquisition-corp , New-york-based , Edge-acquisition-corp , Signal-advance-inc

Tesla shareholder sues Elon Musk over losses

Investor claims "substantial financial harm" and also accuses Tesla board of not forcing Musk to comply with previous SEC orders.

Elon-musk , Scott-phillips , A-tesla-inc , Exchange-commission , Twitter , Reuters , Tesla-inc , Chase-gharrity , Signal-advance-inc , Motley-fool-share-advisor , ஸ்காட்-பிலிப்ஸ் , பரிமாற்றம்-தரகு

Elon Musk's net worth declines $27bn in one week as Tesla share takes a beating

Elon Musk's net worth declines $27bn in one week as Tesla share takes a beating
Amid selloff of tech stocks, Tesla shares exceeded overall decline in market, wiping out about $230 billion from its valuation in less than a month. On Friday alone, Tesla share closed 3.8 per cent down at $597.95, its lowest in two months
BusinessToday.In | March 6, 2021 | Updated 12:59 IST
Tesla chief executive Elon Musk
Tesla chief executive Elon Musk, who gained a record $150 billion in the year 2020, has seen a sharp decline in net worth and he lost about $27 billion since Monday this week as the auto major's stock tumbled. At $156.9 billion, Musk is still the second wealthiest man on the planet, as per the Bloomberg Billionaire Index, but the recent fall in shares have put him about $20 billion behind Amazon chief executive Bezos.

Elon-musk , Rakesh-jhunjhunwala , Jeff-bezos , Gamestop-corp , Etsy-inc , Shopify-inc , Nasdaq , Bloomberg-billionaire-index , Signal-advance-inc , Tesla-stock , Tesla-share , Tesla-chief-executive-elon-musk

Elon Musk reclaims world's richest person spot after a $9.2 billion surge in net worth

Musk's SpaceX completed another equity funding round of $850 million last week, sending the company’s valuation skyrocketing to about $74 billion

South-africa , New-delhi , Delhi , India , South-african , Andy-jassy , Elon-musk , Jeff-bezos , Gamestop-corp , Amazon-web-services , Shopify-inc , Etsy-inc

Elon Musk dethrones Jeff Bezos again, becomes world's richest person after SpaceX round

Elon Musk dethrones Jeff Bezos again, becomes world's richest person after SpaceX round
Tesla CEO Elon Musk's wealth shot up to $199.9 billion after his rocket company, SpaceX concluded another funding round
BusinessToday.In | February 19, 2021 | Updated 10:59 IST
Tesla CEO Elon Musk surpassed Amazon's Jeff Bezos, who briefly dethroned him as the world's richest person after Tesla shares fell, dragging Musk's net worth
Tesla CEO Elon Musk is back on top again reclaiming the title of the world's richest person. The eccentric billionaire's wealth shot up to $199.9 billion after SpaceX concluded another funding round.
This vaulted him atop the Bloomberg Billionaires Index for the second time this year. Musk surpassed Amazon's Jeff Bezos, who briefly dethroned him as the world's richest person after Tesla shares fell, dragging Musk's net worth. Bezos's net wealth is valued at $194.2 billion.

Russia , Kremlin , Moskva , Russian , Elon-musk , Vladimir-putin , Jeff-bezos , Gamestop-corp , Shopify-inc , Etsy-inc , Spacex , Sequoia-capital

Elon Musk dethrones Jeff Bezos again, becomes world's richest person after SpaceX round

Elon Musk dethrones Jeff Bezos again, becomes world's richest person after SpaceX round
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

Russia , Kremlin , Moskva , Russian , Elon-musk , Vladimir-putin , Jeff-bezos , Gamestop-corp , Shopify-inc , Etsy-inc , Spacex , Sequoia-capital

Jeff Bezos world's richest person again after Elon Musk's short stint at top ends

Amazon CEO Jeff Bezos, who had held the title for over three years until last month, regained his number one position with a net wealth of $191.2 billion, or $955 million more than Tesla's CEO Elon Musk

Elon-musk , Jeff-bezos , Gamestop-corp , Shopify-inc , Etsy-inc , Bloomberg-billionaires-index , Signal-advance-inc , Amazon , Tesla , Tesla-shares , Amazon-shares , Worlds-richest-person

Jeff Bezos world's richest person again; Elon Musk's short stint at top ends

Jeff Bezos world's richest person again; Elon Musk's short stint at top ends
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.

Elon-musk , Jeff-bezos , Gamestop-corp , Shopify-inc , Etsy-inc , Bloomberg-billionaires-index , Signal-advance-inc , கேம்ஸ்டாப்-கார்ப் , ஷொபிபி-இன்க் , எட்சி-இன்க் , ப்ளூம்பெர்க்-கோடீஸ்வரர்கள்-குறியீட்டு ,

Bezos reclaims title of world's richest after Musk slips

Bezos reclaims title of world's richest after Musk slips
thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.

Washington , United-states , Elon-musk , Jeff-bezos , Gamestop-corp , Bloomberg , Etsy-inc , Shopify-inc , Spacex , Tesla-inc , Blue-origin , Washington-post

Where Will Shorts be on the Run Next? (GME, AMC, SIGL, BB)

GameStop Corp (NYSE:GME) has been in the headlines constantly over the past two weeks as the poster boy for the monster short squeeze them that has threatened the existence of multiple multi-billion-dollar hedge funds, including Melvin Capital and Maplelane.
But, this is hardly just a story about GME. A basket of stocks has coalesced as the go-to group for regular short squeeze action, delivering often jaw-dropping returns sometimes in hours or even just minutes. Traders in communities like Reddit’s r/WallStreetBets forum regularly circulate the tickers in play and go after the shorts like sharks in red-tinted water.

Guangzhou , Guangdong , China , Hollywood , California , United-states , Australia , Waterloo , Ontario , Canada , Dhiraj-handa , Matt-francis