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Elon Musk clashes with Robinhood CEO over GameStop trading ban

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Grimes, has clashed with Vlad Tenev, the CEO of stock investing app Robinhood, over the platform’s decision to limit trading of GameStop shares and other volatile stocks.On January 31, Musk made an appearance on the audio-only social network Clubhouse, where he grilled Tenev on why Robinhood had restricted users from trading in GameStop and other similar shares.

Musk also asked if the platform was “beholden to” its biggest client Citadel Securities, which had a significant short position on GameSpot.Tenev said rumours that “Citadel or other market makers kind of pressured us into” restricting trades on Robinhood were simply “just false”.

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