Money is so fake
Lots to go to get back at actual value.
Rather ominous for the SpaceX IPO.
Shame, SpaceX is probably a reasonable investment, but Nazi boy had to roll his twitter and xAI disasters into it (surprised he didn’t roll Tesla in as well, but he can always do it later with the ironclad control). There are no good outcomes here.
It’s probably contributing, they were so obviously scamming the market but trying to force it into the S&P to get exit liquidity, and it probably eroded a lot of whatever trust is left in the market
Agreed, if so, even more ominous. Sad when a scam at this level failing to be completely successful is what spooks the market.
probably a reasonable investment
No it’s not, he said he won’t be chasing profit to pay dividends because the goal is to put humanity on Mars… And he’s retaining control. It’s structured in such a way that he can’t be voted out lol
Translation: “rich fee fees decided their invented value from nothing is worth somewhat less invented value”
can’t erase something that didn’t exist
