Search results for tag #spacex
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Old news maybe - but how fast do we move on?
"Giant inflatable Elon Musk appears in Times Square ahead of SpaceX IPO
The inflatable was stamped with a message claiming that ‘SpaceX’s Grok makes AI child porn’”
Grok produced an estimated 23,000 sexualized images of kids over 11 days in January.
Trillionaire Musk lets his platform enable abuse. Time to hold xAI accountable.
#ElonMusk #USPol #Politics #SpaceX #AI
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Image of a giant inflatable Elon Musk that appeared in Times Square ahead of SpaceX IPO - the inflatable stamped with a message claiming that ‘SpaceX’s Grok makes AI child porn.
Article header from the Independent.
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By the way most of the #SpaceX ”market cap” valuation is fake.
Most of those #shares will never become available, and an even smaller amount is available for the initial offering.
The market did not just buy SpaceX shares for 2.1$T
But what actually happened is a lot capital got created, via the #leverage #loans that were taken out to buy the 1/20th which became available.
This is ”growth” based on imagination. But the numbers for #interest already got punched in as future income for banks!
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Oh we have trillionaires now?
#ElonMusk #Capitalism #Capitalist #Trillionaire #Billionaire #SpaceX
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Jaws' "you're gonna need a bigger boat" scene, but with a text that says "bigger guillotine" instead.
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The Mars Illusion: Why SpaceX’s IPO will be a death trap for ordinary investors and the burst of the artificial intelligence bubble.
Let's put aside the euphoric praise that poured out of the financial press yesterday. SpaceX's long-awaited IPO has finally arrived, and, as expected, ordinary investors are happily lining up to make a fortune by investing in speculative tech companies. It's a bizarre case of self-harm that deserves to be discussed in a psychiatric journal, not a market report.If you recently bought SpaceX shares at a high price and consider yourself a visionary leader of the interplanetary economy, I'll […] [SENSITIVE CONTENT]
Let’s put aside the euphoric praise that poured out of the financial press yesterday. SpaceX’s long-awaited IPO has finally arrived, and, as expected, ordinary investors are happily lining up to make a fortune by investing in speculative tech companies. It’s a bizarre case of self-harm that deserves to be discussed in a psychiatric journal, not a market report.
If you recently bought SpaceX shares at a high price and consider yourself a visionary leader of the interplanetary economy, I’ll ridicule your wisdom and say it bluntly: you’re actually “exit liquidity” (meaning you provide an exit route for large investors).
My quantitative model, which has been tracking market liquidity for the past three quarters, clearly warned that a major aerospace company’s IPO in an already fragile system could be disastrous. The reality isn’t just bad; it’s an insult to basic mathematics. SpaceX launched at a price not based on the company’s excellent performance, but rather on the fantasy of seamlessly colonizing three neighboring solar systems. Large institutional investors (smart capital), those who read S-1 prospectuses instead of retweeting rocket emojis, passed their early risk onto the general public, consumed by speculation. Essentially, you’re investing in a billionaire’s obsession with infrastructure and accepting the risk of losing money when next-generation launch vehicles miss quarterly revenue targets by billions of dollars.
But the devastation for the average investor is only just beginning. The real macroeconomic tragedy or joke, if you’re short, is how this massive investment will accelerate the bursting of the AI bubble.
For the past few years, the entire market has been artificially inflated by misconceptions and mass psychosis. This thinking dictates that any loss-making startup using the “large language model” (LLM) should be worth as much as the GDP of a small European country. This algorithm-based fraud (miracle drug) constantly needed money from ordinary investors to maintain its absurd prices. Yesterday, that money supply suddenly and violently collapsed.
The abrupt withdrawal of the SpaceX IPO acted as a massive liquidity vacuum, sucking out any remaining funds from ordinary investors’ brokerage accounts. Unwitting investors rushed to sell their small stakes in highly valued AI ventures to buy overvalued shares of rocket companies. What happens when the foundations of a rapidly growing and momentum-driven technology sector, “unwise investment money”, suddenly shift to low Earth orbit? It’s suffocating.
An AI bubble doesn’t require a major technical failure; it merely requires a shortage of additional, unwise investors willing to buy shares at high prices. The SpaceX IPO quickly attracted the remaining speculative capital in the market, perpetuating this shortage. Heavily indebted venture capital funds, founded on the belief that individual investors would eventually buy their overvalued AI shares, now face a terrifying reality: ordinary buyers are no longer in the market. They are trapped in overvalued space stocks, helplessly waiting for dividends from Mars.
Yesterday’s IPO wasn’t a triumph of human ingenuity; it was a classic example of wealth transfer. The countdown has indeed begun, but it’s not about the launch. These are the largest, consecutive margin calls the tech sector has faced in two decades. Build your portfolio accordingly if you still have some headroom.
Tap..🖖
(My criticism states the current market scenario. But i still believe Elon Musk is one of the biggest net positive human being to our society. His endeavours must be cherished, but with a pragmatic lens.)
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So apparently, gullible investors and gullible investment/pension funds just gave far-right society breaker Musk another $75 billion to spend as he pleases.
#SpaceX
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Fireball as Spacex rocket explodes on launch attempt, less than a year ago
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now is the time of monsters
#anarchism #memes #economics #politics #history #marxism #elonmusk #spacex
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photo of news headline in all caps “breaking news: elon musk becomes first trillionaire - the unthinkablr new era begins” below a photo of elon musk looming smug with a graph showing his wealth increasing from 13 billion in 2017 to 342 billion in 2025, and then shooting up to 1 trillion in 2026.
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The biggest scam in history just started
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O LIVE - 13,731 viewing
Updated 3 minutes ago
SpaceX debuts on stock exchange, setting Elon Musk on course to be world's first trillionaire
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Elon Musk on track today to become world's first person to discover that even being a trillionaire does not fill the insatiable, desperate, ravenous void in a sociopath's soul and make people like you.
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Screenshot from The Guardian, Business Live section, showing photo of a smiling Elon Musk.
Text:
Elon Musk on track to become world's first trillionaire today as SpaceX lists on US stock market
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Breaking Financial News: Sen. Elizabeth Warren (D-MA) | Warren Calls on SEC to Delay SpaceX IPO
"Questionable valuation, flawed governance structure, index fund changes raise concerns about impact on retirees and small investors, windfall for SpaceX insiders"
“...factors exacerbate concerns and require action by the SEC to meet its investor protection and market integrity mandates by delaying the IPO."
https://www.banking.senate.gov/newsroom/minority/warren-calls-on-sec-to-delay-spacex-ipo
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Warren: Delay SpaceX IPO (cont)
"Before the company is allowed to go public, the SEC must investigate whether index funds and other financial entities involved in SpaceX’s IPO are adequately protecting investors..."
"About the company’s valuation: “(M)arket analysts have raised concerns about the math underlying SpaceX’s target valuation, calling it ‘nonsensical,’ ‘smoke-and-mirrors accounting,’ and ‘truly out of this world.’"
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Warren: Delay SpaceX IPO (cont)
About governance...: “Publicly traded companies are meant to be accountable to their shareholders. The SpaceX IPO will flip this model on its head, with shareholders providing billions of dollars in new capital with no accountability measures for Mr. Musk or company leadership, as the company ‘(combines) supervoting shares, mandatory arbitration, stricter rules on shareholder proposals...’”
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Warren: Delay SpaceX IPO (cont)
IN BOLD
"About passive investors: “the SpaceX IPO creates a new concern: that major stock market indexes are being rigged in a way that would force millions of investors in passive index funds – a generally lower cost investment option that can be attractive to retail investors – to invest in SpaceX and face exposure to SpaceX’s significant risks with no choice in the matter."
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Warren: Delay SpaceX IPO (cont)
Text of Senator Warren's Letter to the SEC: https://www.banking.senate.gov/imo/media/doc/2026.06.09%20FINAL%20Letter%20to%20SEC%20re%20SpaceX%20IPO%20v3.pdf
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Text of letter: https://www.banking.senate.gov/imo/media/doc/2026.06.09%20FINAL%20Letter%20to%20SEC%20re%20SpaceX%20IPO%20v3.pdf
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#SpaceX’s $75 billion IPO is well oversubscribed as order books close ahead of Wednesday pricing - https://thenextweb.com/news/spacex-ipo-oversubscribed-orders-close gullible fools
Props for the tag line!
"In space no one can hear you scam."
Brilliant!
It's a great video. Everyone on Planet Earth should watch it.
BREAKING FINANCIAL NEWS: Reuters | SpaceX blocked from early US benchmark index entry as S&P reaffirms existing rules
THIS IS A HUGE VICTORY FOR INVESTORS AND YOUR RETIREMENT
"S&P Global said on Thursday it was not changing the requirements for entry into its major indices, dealing a setback to Elon Musk's SpaceX by effectively ruling out a swift entry for the world's biggest-ever IPO into the benchmark S&P 500 index."
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S&P 500: No Fast Track For SpaceX
"But S&P said "exceptions to the financial viability, seasoning, and IWF (investable weight factor) requirements should not be granted solely based on market capitalization".
"To be included in the S&P 500, a company must be profitable under Generally Accepted Accounting Principles in its most recent quarter as well as for the sum of its most recent four quarters, according to one of the rules S&P left unchanged."
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S&P 500: No Fast Track For SpaceX (cont)
"S&P consulted with investors about shortening the time a megacap company must be publicly listed before joining its indexes, waiving minimum float requirements and removing its profitability requirement."
"The S&P 500 is Wall Street's most widely followed benchmark. Passive S&P 500 index funds with trillions of dollars in assets would have been forced to buy up SpaceX shares had rules been changed to admit it to the index."
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SpaceX is going public! Despite the name, it’s now more of an AI company than a rocket company.
I spoke to @sokane1 to dig into the SpaceX IPO, the wild valuation it’s going for, and how it destroys corporate governance to empower Elon Musk.
Listen to the full episode: https://techwontsave.us/episode/331_the_spacex_ipo_gives_elon_musk_even_more_power_w_sean_okane
#spacex #xai #elonmusk #economy #markets #tech #ai #generativeai
#SpaceX targets biggest ever stock market debut, putting #Musk on course to be trillionaire - https://www.theguardian.com/science/2026/jun/03/spacex-ipo-stock-musk absurd and obscene; will have UK gov cowering even more...
RE: https://mastodon.online/@mastodonmigration/116671524970656406
Folks, if your investments include index funds please read this thread carefully, and take action to contact your financial firm or brokerage.
Demand that they push back on this fleecing of your retirement.
Demand that they tell the indexes to roll back these rule changes.
Firms like Vanguard and Fidelity have influence, and that is about the only leverage we have to stop this madness. Let them hear it from you.
ACTION: Call your financial manager about SpaceX IPO ASAP
Background: SpaceX has filed to go public at a grossly overvalued $1.8 Trillion. The fundamentals in no way justify inclusion in index funds, BUT NASDAQ rules were CHANGED so that it will be included. As a result 401Ks and IRAs will AUTOMATICALLY buy the stock, giving this worthless company your money. It is the greatest grift of all time.
To Do: Contact your financial firm immediately. More below...
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Video: altleftmedia | SpaceX is Biggest Ponzi Scheme
This guy explains the SpaceX Mega-Cap IPO Grift it in clear simple terms.
Financial News: A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance
"...concerns echo those of far larger institutions. In May, the heads of the California Public Employees’ Retirement System, the New York City Retirement Systems, and the New York State Common Retirement Fund, which collectively manage more than $1 trillion, sent a joint letter to Musk calling SpaceX’s governance “extreme.”
https://thenextweb.com/news/danish-pension-spacex-blacklist-governance-overvalued
Draft script: "I am very concerned about the SpaceX IPO. I understand funds I own may soon automatically be forced to buy stock in this grossly overvalued company with horrendous corporate governance concerns. I am requesting an urgent meeting to spell out for me any exposure. I am sharing this article, and would appreciate you pass it on to your analysts and be prepared to discuss the details with me. Can we set up a call for tomorrow?"
https://spotgamma.com/spacex-ipo-index-changes-spotgamma/
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Questions:
1. What funds that I own will automatically be forced to buy SpaceX? When?
2. Will this force liquidation of other stocks I own in the fund? How much? What will be the capital gains tax implications of this for my portfolio for 2026?
3. What would I need to sell to eliminate all such exposure. What would be the capital gains tax implications of this for 2026?
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Questions (cont.):
4. What is your firm's position on the SpaceX IPO and in particular this forced purchase?
5. Are you aware of any class action lawsuits against this? Are you involved in any such efforts to stop this. Can I register to become a member of any such legal action.
6. Have you contacted the SEC to stop this? Will you?
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More Background: How Not to Buy SpaceX Stock (It’s Harder Than You Think)
"If Elon Musk’s new public offering of SpaceX stock was an appealing investment, he would let investors make our own decisions about buying it. Instead, with the help of the NASDAQ stock exchange, he is sneaking it into our retirement accounts whether we want it or not."
https://cranberries.medium.com/how-not-to-buy-spacex-stock-its-harder-than-you-think-a37610cb8bd3
Free link: https://archive.is/71GCn (thanks Molly B @mjibrower !!!)
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More Background: The Verge | SpaceX IPO is great for Elon Musk and terrible for you
“The likelihood the shares wind up in many people’s retirement accounts means that if SpaceX fails, the people who get hit are not the wised-up early investors but basically a bunch of normal people, the ones who can least afford it."
https://www.theverge.com/ai-artificial-intelligence/940001/elon-musk-spacex-ipo-ai
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More Background: Casual Finance | The SpaceX IPO... It's Worse Than You Think. It's A Trap
If you watch just one summary of this epic scheme, make it this one!
https://youtu.be/-X6YzlY_8tM?t=560
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More Backgound: Patrick Boyle | SpaceX Lost $37 Billion. Now It Wants Your Pension
For a great really deep dive that will leave you fuming...
https://www.youtube.com/watch?v=IHD8BDFYyGI
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More Background: The Danes are having none of this...
https://mastodon.online/@mastodonmigration/116671401657197824
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Financial News: A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance
"...concerns echo those of far larger institutions. In May, the heads of the California Public Employees’ Retirement System, the New York City Retirement Systems, and the New York State Common Retirement Fund, which collectively manage more than $1 trillion, sent a joint letter to Musk calling SpaceX’s governance “extreme.”
https://thenextweb.com/news/danish-pension-spacex-blacklist-governance-overvalued
More Background: Gizmodo | Wall Street Is Already Bending Its Rules to Suck More People Into SpaceX’s IPO
SpaceX [will get] added to major indexes shortly after its IPO... [giving] regular people exposure to Musk’s currently unprofitable company through their retirement accounts...
That is a huge shift from how IPOs have traditionally been handled...
After the dot-com crash, index administrators started putting guardrails in place...
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More Background: Gold and Geopolitics | Honest Graft
"Right. So. The Nasdaq-100 used to require a seasoning period - newly listed companies waited anywhere from three months to a year before getting swept into the index. The idea being: let the price actually get discovered. Let float build. Don’t force $527 billion in ETF assets to mechanically pile into something that went public last Tuesday... That rule? *poof* Gone with the wind"
https://no01.substack.com/p/honest-graft
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More Background: Even Fortune dumps on this thievery
When you have lost Fortune magazine, you know it is a stinker.
https://mastodon.online/@mastodonmigration/116681835985808606
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More Background: Morningstar says valuation is $780 billion, less than half the target $1.75 trillion.
https://mastodon.online/@mastodonmigration/116683005845733083
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ACTION: Call your financial manager about SpaceX IPO ASAP
Background: SpaceX has filed to go public at a grossly overvalued $1.8 Trillion. The fundamentals in no way justify inclusion in index funds, BUT NASDAQ rules were CHANGED so that it will be included. As a result 401Ks and IRAs will AUTOMATICALLY buy the stock, giving this worthless company your money. It is the greatest grift of all time.
To Do: Contact your financial firm immediately. More below...
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Current scuttlebutt has the #SpaceX #IPO in June, #OpenAI in September, and #Anthropic in October.
Given these, when do you expect the #AIBubble to crash?
#Stocks #StockMarket #StockMarketCrash
| Until August 2026: | 0 |
| Until December 2026: | 2 |
| Until June 2027: | 5 |
| Until December 2027: | 1 |
| In 2028: | 1 |
| Later than 2028: | 0 |
| Never: | 0 |
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I know that doing science is good. I know that we get a lot of good science done when we do space ship launches into the stratosphere or to our International Space Station.
But I can't fathom how a data center in space or on Mars is at all useful. We know that dissipating heat in a vacuum is an uphill battle. I literally have a cup in my office with a vacuumed layer to keep my beverage temperature stable.
It's a silly idea and definitely not one worth over 2 trillion dollars.