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Business

Elon Musk says money could become 'irrelevant,' descendants may be 'tiny fraction' as wealthy

Elon Musk says money could be meaningless one day, and the vast majority of his wealth will likely be gone within a few generations. The world's richest person predicted that advances in robotics and space travel will create a multiplanetary economy, at which point "money becomes irrelevant" and…

via biztoc.com · October 21, 2026

Business

Why Weil doesn’t need a Shearman-style merger

via biztoc.com · October 21, 2026

Business

China’s offshore tax crackdown could inadvertently fuel a digital dollar boom

From October 22, China’s grace period for the disclosure and settlement of certain offshore-trust tax liabilities ends. For the Chinese government, this deadline highlights its desire to affirm control over capital outflows, while for Chinese high-net-worth families, it serves as a reminder that…

via biztoc.com · October 21, 2026