Can e-money be converted back to cash?
There is no official confirmation or evidence that Elon Musk has purchased Spotify, and as of early 2026, he does not own the company. While rumors occasionally circulate due to Musk’s public interests in media and his desire to create an "everything app," the financial and logistical reality of such an acquisition would be immense. Spotify is a massive, profitable audio company with significant market value and a complex relationship with the music industry’s royalty ecosystem. Experts note that Musk is already managing multiple high-profile companies, and acquiring Spotify would likely be a highly complex, expensive, and potentially disruptive venture that has not been initiated.
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Yes, East Money Information Co., Ltd. is a highly regulated financial information services company listed on the Shenzhen Stock Exchange.
Yes, ET Money is widely considered safe for investing as it employs bank-level security measures to protect its users.