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I suppose because he can at a moment’s notice gut the SEC and presumably now that X is incorporated in Texas and I have to assume xAI is as well(?) there’s no federal or state fraud investigation likely.
Feels quaint that Trump in 2017 even went to the trouble of filling a table with blank papers to give the appearance of being concerned about conflicts of interest, and this outright self-dealing corruption is happening daily while nobody in power even talks about it.