Dave5

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Tag: musk

  • The idea that Twitter was the Start of the SpaceX shitstorm…

    I’m not the only one thinking that: https://www.reddit.com/r/wallstreetInvestment/s/dmPLGgbMLM

  • The SpaceX IPO Is A Giant Unworkable Con Orchestrated By An Overt White Supremacist Huckster

    I don’t mean to malign the entire U.S. press for its SpaceX IPO coverage. The Verge had the courage to publish a story openly (and correctly) calling Musk a killer. Smaller independent outlets generally did all of the heavy lifting when it comes to, you know, telling people the truth. The whole purpose of journalism. But pretty broadly the U.S. establishment press…

  • Man who hates paying taxes loves government handouts

    CNN quotes early Tesla investor Ross Gerber saying, “There would not be Tesla and SpaceX if it weren’t for the government.” That is the whole story in one sentence. Let us not get into the MLM scheme the SpaceX IPO resembles as Elon attempts to pay off the suckers who would otherwise have lost big…

  • Tesla’s Robotaxis Are a Complete Disaster

    There are just 59 Robotaxis on the road, Bloomberg reports, with at least some of them still requiring physical human supervision. Its efforts to expand past its home base in Austin, Texas are floundering, with the company forced to admit to California state regulators that its self-driving cabs don’t actually drive themselves, according to the reporting. https://futurism.com/advanced-transport/teslas-robotaxis-disaster

  • The world’s first trillionaire is a killer

    This is not me… this is The Verge: Elon Musk’s SpaceX IPO will probably make him the richest person to ever walk the planet. And while his mountain of horrible personal conduct could fill multiple books, one fact in particular stands out: A year ago, Musk’s actions directly led to the deaths of hundreds of thousands…

  • I have a theory about the SpaceX IPO…

    The catalyst for it was the disastrous buyout of Twitter. Elon’s mates are all looking for an out from that and have put the screws on him.

  • S&P Dow Jones Keeps MegaCap IPO Rules As Is After Consultation

    Turns out there are still some adults in the room… S&P Dow Jones Indices will keep its existing eligibility requirements for the S&P 500, rejecting proposals that would have made it faster for mega-cap companies such as SpaceX to gain rapid entry into the benchmark after going public. https://www.bloomberg.com/news/articles/2026-06-04/s-p-dow-jones-keeps-megacap-ipo-rules-as-is-after-consultation

  • We Uncovered a Hidden Wealth Transfer in the SpaceX IPO. You’re Holding the Bag.

    “Based on the numbers we know, that’s absolute batshit”

  • The Danes aren’t going to be SpaceX bag-holders

    A $25 billion Danish pension fund that earlier this year made headlines by ditching Treasuries as Donald Trump was threatening to seize Greenland now says it won’t touch SpaceX. The company, which is targeting a valuation of at least $1.8 trillion in its initial public offering, is not only “grossly overvalued” but also marred by a “catastrophic governance…

  • Workers Say They Were Tricked and Threatened as Part of Elon Musk’s Get-Out-the-Vote Effort

    America PAC door knockers were flown to Michigan, driven in the back of a U-Haul, and told they’d have to pay hotel bills unless they met unrealistic quotas. One was surprised they were working to elect Donald Trump. https://www.wired.com/story/elon-musk-america-pac-blitz-canvassing-michigan-uhaul/ Musk’s mistreatment of workers is not a bug, it’s a feature. One can see it play…