The new venture, Immediate Edge Bot, has invested over 2 billion dollars in the past two years to develop and code software to predict financial markets' movements and prices.

Using the most powerful computing technology in the world, quantum computers, Elon's Immediate Edge Bot successfully developed, tested and trialled their automated software that unfailingly predicted financial market outcomes and can profit from trading these.

When pressed for the purpose behind this new venture, Elon's answer was simple; "why not? We can beat the system and others who are less fortunate financially get to share in the wealth".

We wanted to test it for ourselves and see if this new technology could be a game changer for everyday folk like ourselves. Elon invited us to take a closer look inside the operations of Immediate Edge Bot, meet the minds behind the company, and test their new software ourselves.

We had the privilege of sitting down with the company's CTO, Daniel Powers, to discuss and test the software in more detail.

How did the idea behind Immediate Edge Bot come to life?

Immediate Edge Bot started as a project exploring and utilizing quantum computing's power for good. Quantum computing, as you know, is an upgrade from everyday computing. It is not just a super-computer – it's a hyper-computer on steroids.

Elon decided to put all this power to work on financial technology to redistribute the world's wealth. The idea was to take from the top 0.1% and give back to the 99.9%. Elon believes wealth is distributed poorly in our time, and the problem worsens yearly

Although there will always be someone richer and someone poorer, the current situation is unacceptable – where the top 0.1% controls almost 90% of the world's wealth. 

He believes he can reduce that to around 20% without causing a worldwide financial crisis.

Ok, the theory is there, but how does it work?

Overall, the idea is straightforward. The top 0.1% invest wealth in stocks, and Wall Street brokers trade them for them. The idea is to beat the Wall Street traders at their own game - successfully predicting market trends and making winning trades.

To do this normally, you'd need better stock movement predictions than what Wall Street currently has (virtually impossible). But, with the help of Quantum Computing, we were able to do precisely this.

We then built an automated trading software system that others can use to automatically predict market movements and open trading positions without human interference.

The software had to be built to be used by everyday folk, easy to use and understand. It took us two years, but we've successfully pulled it off and are ready for limited public trials after extensive testing.