how bad is this IPO /biz/ can i get retard tldr of why people are freaking out
>>62302161people think it will crash so nothings gonna happen
>>62302161imagine a new coin launches after insiders have accumulated the entirely supply for pennies. they value this coin at $2 trillion marketcap (more than btc). they then dump this coin on bagholders. except instead of a telegram full of desperate third worlders, these bagholders are the millions of wagies and retirees invested into passive income funds. it is fraud.
>>62302161Its trumps(top goylem) america and 2030 is at the corner, how else would you make them poor and happy?
>>62302173>imagine a new coin launches after insiders have accumulated the entirely supply for pennies20. years. ago
I mean thats how bad this is. decennial bags
>>62302294indeed, the financiers behind this project aren't even bothering to pretend, they want their money back and they're going to take it. this is their bail-in
should be able to ride the initial short squeeze, and sell into bonds before they crash it all and lower rates
$XOVR - 20 percent is in SPCX $NASA - 10 percent is in SPCX
>just buy index funds bro>become exit liquidity for elite scammers
>>62302161Index boomers are pissed that they're going to be exit liquidity for SpaceX employees and investors.I personally think that investors will get pissed with Elon because SpaceX and xAI funding rounds were notoriously expensive and they might not see the multiples they expected. In the long term, it doesn't matter, because SpaceX would have eventually found its way into the Nasdaq 100 and S&P 500 anyway and index fund holders usually are there for many years.
>>62302784> SpaceX would have eventually found its way into the Nasdaq 100 and S&P 500 anywaythe issue is the price would have had time to get to a more natural level not instantly pumped by huge passive ETF's on a low floatits the binance 1% float listing scam pump
