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Business, Economics, and Taxes 2: That's Why We Fight to Take the Means Back

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Elmo is no longer a paper trillionaire and SpaceX itself has already lost over $900 billion in market capitalization from its peak value.

Apparently some of the VC money got its first release opportunity Tuesday and immediately cashed out.
 
Elmo is no longer a paper trillionaire and SpaceX itself has already lost over $900 billion in market capitalization from its peak value.

Apparently some of the VC money got its first release opportunity Tuesday and immediately cashed out.
Which helped no one but other billionaire's.
 
Elmo is no longer a paper trillionaire and SpaceX itself has already lost over $900 billion in market capitalization from its peak value.

Apparently some of the VC money got its first release opportunity Tuesday and immediately cashed out.
As I posted in the investment thread, the first round of VC were able to sell on day 5 after IPO which is why the price tanked, The next round of VC become able to sell on day 15 (7 July) so plan accordingly.

Oh, and Lil Hitler probably doesn't care about the share price. I'm sure he already leveraged the bulk of his shares into loans so he's fine.
 
It is illegal. Try to run one and see what happens.

It's selective enforcement.
Aka as the United States DOJ. Which now has been corrupted beyond recognition forever.

We haven't had good enforcement of White Collar crime forever. We added IRS agents for that purpose and they've all been fired by the Republicans.
 
As I posted in the investment thread, the first round of VC were able to sell on day 5 after IPO which is why the price tanked, The next round of VC become able to sell on day 15 (7 July) so plan accordingly.
CNBC said on top of the day 5 and 15, iirc, there's another potential sell off wave in September and then again in spring '27. Even they keep pointing out how overvalued SPCX is.

And, SpaceX just held a public bond to raise even more cash (after this cash grab IPO), and were able to get $25 Billion from the sale of 5, 7, 10, 20, and 30 year bonds.

If you think SpaceX will be around that long.

SpaceX said the bond sale funds would be used to pay off a bridge loan in full. Excess would go toward operating funds.
 
Aka as the United States DOJ. Which now has been corrupted beyond recognition forever.

We haven't had good enforcement of White Collar crime forever. We added IRS agents for that purpose and they've all been fired by the Republicans.
We do still have some white collar crime enforcement. One person went to jail in the wake of 2008. Bernie Madoff. He made the mistake of stealing from other rich people and that's a no-no. If he had just stuck to the poors like everyone else he would have been fine.

And of course that dangerous Antifa thug Martha Stewart had to do time.
 
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