SpaceX IPO Is a Giant Unworkable Con

8 hours ago

Elon Musk is criticized as a white supremacist and fraudster, with his actions allegedly enabling violence and misinformation.
The SpaceX IPO is described as a financial fraud and pump-and-dump scheme, propped up by unrealistic promises like Mars colonization and space data centers.
Major media outlets are accused of failing to report truthfully on Musk's controversies and the IPO's risks, often downplaying or omitting critical issues.
SpaceX reported significant losses, and its valuation is seen as inflated, with profitability based on unworkable plans and subsidies.
Starlink, though currently profitable, faces scalability and cost challenges, with projected growth deemed unrealistic.
The Nasdaq changed rules to quickly include SpaceX in indices, potentially exposing retirement savings to high risk.
Independent media is highlighted as more truthful in coverage compared to establishment press, which is tied to corporate interests.

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