If you're a fan of all things Space, you'll be thinking right now that rather than taking us "Multiplanetary", Elon Musk is taking us nowhere.
He's a grifter.
#SpaceXIPO #SpaceX #Space #Spaceflight #Artemis #Multiplanetary #ElonMusk #Musk
#spacexipo
7 posts · Last used Jul 15
ACTION: If you own a Morningstar/CRSP (Vanguard), Russell, or Nasdaq (QQQ) Tracking Index Fund contact your financial firm today.
"Why the rush to buy SpaceX? Yesterday Senator Elizabeth Warren called my index fund "rigged" and demanded the SEC delay the IPO in large part due to these sketchy 'fast track' rule changes (https://www.banking.senate.gov/imo/media/doc/2026.06.09%20FINAL%20Letter%20to%20SEC%20re%20SpaceX%20IPO%20v3.pdf) Why the rush to buy this grossly overvalued scam? Please pause any purchase of SpaceX until these serious allegations are resolved."
#SpaceX #SpaceXIPO
Boosted by @trending@homestead.social
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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#SpaceX #SpaceXIPO
Boosted by @trending@homestead.social
Finance Analysis: Fortune | SpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar
"It’s also instructive to examine the extreme steepness of the growth trajectory required to lift SpaceX’s revenues today of $18.7B to $1.1T. Garnering that almost 600x increase means hiking sales 50% a year, on average, for a decade."
"What’s the precedent for such a vertiginous ramp in just 12 months? It doesn’t exist."
https://fortune.com/2026/06/06/spacex-ipo-stock-price-valuation/
#SpaceX #SpaceXIPO
Boosted by @tchambers@indieweb.social
Finance: The Independent | Musk’s $1.75 trillion moonshot hits gravity as analysts slash SpaceX value
"Morningstar analysts have assigned a valuation of $780 billion to Elon Musk’s SpaceX, a figure less than half of what the company is reportedly aiming for in its upcoming initial public offering."
"We think the company has been significantly overvalued...
https://www.independent.co.uk/money/elon-musk-spacex-morningstar-ipo-value-b2988013.html
#SpaceX #SpaceXIPO
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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#SpaceX #SpaceXIPO
Boosted by @stux@mstdn.social
Replying to
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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#SpaceX #SpaceXIPO
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