By Hannah Lang and Elizabeth Howcroft NEW YORK/PARIS (Reuters) -A race by crypto companies to sell tokens pegged to stocks is raising alarm bells among traditional financial firms and regulatory experts who warn that the fast-growing novel products pose risks to investors and market stability. Buoyed by President Donald Trump‘s pro-crypto stance and his administration’s…
Teen prodigy Kairan Quazi is trading rocket science for Wall Street, leaving SpaceX to join billionaire Ken Griffin‘s Citadel Securities as a quantitative developer at just 16 years old. The move marks a significant career pivot for the engineering wunderkind who became the youngest SpaceX employee in company history.“After two years at SpaceX, I felt…
Elon Musk has downplayed his awareness of Kairan Quazi, the 16-year-old prodigy who recently made headlines for leaving SpaceX to join Citadel Securities. When asked about Quazi’s move, Musk responded on X, “First time I’ve ever heard of him,” surprising many who followed the teenager’s meteoric rise. Quazi, who joined SpaceX at just 14, had…
Kairan Quazi, the teenage prodigy who captured global attention as one of the youngest engineers in the world, is taking the next big step in his career. At just 16, he is leaving SpaceX, where he played a key role in the Starlink project, contributing to Elon Musk’s mission to provide global internet connectivity through…
Elon Musk’s teen prodigy Kairan Quazi is trading rockets for trading algorithms, leaving SpaceX after two years to join quantitative trading giant Citadel Securities as a developer in New York City. “I felt ready to take on new challenges and expand my skill set into a different high-performance environment,” the 16-year-old told Business Insider in…
Robinhood’s CEO has said that Mark Zuckerberg and Elon Musk helped him when the trading platform faced backlash after the GameStop frenzy. Robinhood was one of the main platforms investors from Reddit forum Wall Street Bets used to fuel a short squeeze on GameStop in January 2021. But the platform suspended buying of the stock…
By Nell Mackenzie LONDON (Reuters) -Companies in the U.S. are expected to buy $1 trillion worth of their own stock in 2025 and remain the largest buyers of U.S. equities, according to Scott Rubner, Citadel Securities’ head of equity and equity derivatives strategy. A corporate repurchase window, when companies can buy their own stock, reopens…