Post B6moY7YQGwVV8gLOtM by MyricaGale@mastodon.scot
 (DIR) More posts by MyricaGale@mastodon.scot
 (DIR) Post #B6moY7YQGwVV8gLOtM by MyricaGale@mastodon.scot
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       "Musk officially filed the paperwork to take SpaceX public at a ridiculous $1.75 trillion valuation. But a quick look under the hood reveals a nightmare deal: Musk has crammed his failing X and xAI ventures into SpaceX, which lost over $4 BILLION in a single quarter.Normally, an unprofitable, unstable company like this would never be allowed near safe, reliable stock indices. But Nasdaq changed their rules... "Petition for S&P! https://action.eko.org/a/s-and-p-don-t-throw-investors-under-the-bus