Texas Stock Exchange: A New Challenger to NYSE & NASDAQ? | Pivot
Episode Description
Kara Swisher and Scott Galloway discuss the proposed Texas Stock Exchange (TXSE), and whether it will be successful. Can it rival the NYSE and Nasdaq? And will Elon bring his business to the new exchange?
Brief Summary
Texas proposes a new stock exchange to compete with NYSE and NASDAQ, raising questions about politicization and market dynamics.
Key points
- Texas Stock Exchange Emerges. The proposed Texas Stock Exchange aims to compete with NASDAQ and the NYSE, promoting a business-friendly environment.
- Elon Musk's Potential Move. Speculation arises that Elon Musk may be the first to list on the new Texas Stock Exchange.
Ask about Pivot with Kara Swisher and Scott Galloway
Episode highlights
- Texas Stock Exchange EmergesThe proposed Texas Stock Exchange aims to compete with NASDAQ and the NYSE, promoting a business-friendly environment.“The Exchange known as txse plans to register with the SEC later this year.”0:15Jun 11, 2024
- Elon Musk's Potential MoveSpeculation arises that Elon Musk may be the first to list on the new Texas Stock Exchange.“I would bet he's going to be their first customer.”1:41Jun 11, 2024
Episode quotes
Tension
45/ 100Some tension
