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SoftBank

People are buying the wrong stock thinking it's part of OpenAI's Stargate Project

Quartz

qz.com › stargate-mgx-stock-openai-softbank-trump-musk-oracle-1851744836

MGX stock is soaring Wednesday on the heels of the company’s involvement with OpenAI and SoftBank’s (SFTBY) new Stargate project. There’s just one minor problem — it’s the stock ticker for the wrong MGX.

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Elon Musk bashes the $500 billion 'Stargate' deal between OpenAI and SoftBank — and backed by Trump

Quartz

qz.com › elon-musk-stargate-ai-openai-trump-softbank-nvidia-1851744596

Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.

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