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Joined 3 years ago
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Cake day: July 8th, 2023

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  • SpaceX IPO that was “fast tracked” for inclusion in the NASDAQ 100 is exit liquidity for the early investors and musk(S&P500 was also going to change rules until uproar and 2 days ago announced they weren’t waiving rules of profitability, tenure, etc.). Value yourself at some bullshit and force the public to buy your shares by inclusion in the most popular index fund who are required to weight their holdings based on market cap of your stock and buy shares to mirror index.if the company were so valuable and amazing with future growth prospects why would any insiders who already have pre-IPO shares want to sell? To cash out and/or de-risk is the only answer, and the general public’s retirement will fund it. It’s the same reason Trump is pushing the FTC to allow riskier assets like crypto and private investments in 401k accounts; exit liquidity for the current holders, most of whom know their investments are shit. Who better to buy them than index funds and the general public by limited choice in 401k fund options?

    If any of this sounds familiar, it’s the same playbook as the great recession/“financial crisis”, when the rich elite suddenly required rescuing and backing of the US gov because their greed didn’t offer an out. Suddenly the public’s problem when they would have to take a loss.



  • SpaceX IPO that is being “fast tracked” for inclusion in the S&P500 is exit liquidity for the early investors and musk. Value yourself at some bullshit and force the public to buy your shares by inclusion in the most popular index fund who are required to weight their holdings based on market cap of your stock and buy shares to mirror index.if the company were so valuable and amazing with future growth prospects why would any insiders who already have pre-IPO shares want to sell? To cash out and/or de-risk is the only answer, and the general public’s retirement will fund it. It’s the same reason Trump is pushing the FTC to allow riskier assets like crypto and private investments in 401k accounts; exit liquidity for the current holders, most of whom know their investments are shit. Who better to buy them than index funds and the general public by limited choice in 401k fund options?

    If any of this sounds familiar, it’s the same playbook as the great recession/“financial crisis”, when the rich elite suddenly required rescuing and backing of the US gov because their greed didn’t offer an out. Suddenly the public’s problem when they would have to take a loss.










  • All they’re asking is to work at or below the amount they’ve lobbied to let them pay you legally, which at the federal level hasn’t increased a cent since 2009.

    Just a matter of showing up to a job without being able to get medical care because the industry is twisted to not address and deny care if you’re lucky enough to pay exorbitant rates for “healthcare”.

    Simply show up for that job in a car that you can in no way afford with gas that you can’t afford after eating a breakfast you can’t afford.

    Also, for many who do want to enjoy this exploration and are working the Trump government is making it more difficult for them to stay and work by announcing last week more than one million workers will need to leave the US first if they want to stay and work permanently. https://www.bbc.com/news/articles/cgrpz4l1klgo

    Plebs are so lazy