There is a lot of information that comes into the SEC before it's public. IPOs, mergers, compliance correspondence, earnings data before earnings calls. Add insider trading to harms being done by musk.
https://www.politico.com/news/2025/02/17/musk-doge-securities-exchange-commission-00204621
https://www.politico.com/news/2025/02/17/musk-doge-securities-exchange-commission-00204621
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