Post B6s6K0hjiFMGo1vBmi by mastodonmigration@mastodon.online
(DIR) More posts by mastodonmigration@mastodon.online
(DIR) Post #B6s6K0IvCVVbZ4JN6e by mastodonmigration@mastodon.online
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ACTION: Call your financial manager about SpaceX IPO ASAPBackground: 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...1/#SpaceX #SpaceXIPO
(DIR) Post #B6s6K0hjiFMGo1vBmi by mastodonmigration@mastodon.online
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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/2/#SpaceX #SpaceXIPO
(DIR) Post #B6s6K16uCfUW45hI12 by mastodonmigration@mastodon.online
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Questions:1. What funds that I own will automatically be forced to buy SpaceX? When?2. Will this force liquidation of other stocks I own in the fund? How much? What will be the capital gains tax implications of this for my portfolio for 2026?3. What would I need to sell to eliminate all such exposure. What would be the capital gains tax implications of this for 2026?3/#SpaceX #SpaceXIPO
(DIR) Post #B6s6K1Od8lfYx3zRdw by mastodonmigration@mastodon.online
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Questions (cont.):4. What is your firm's position on the SpaceX IPO and in particular this forced purchase?5. Are you aware of any class action lawsuits against this? Are you involved in any such efforts to stop this. Can I register to become a member of any such legal action.6. Have you contacted the SEC to stop this? Will you?4/#SpaceX #SpaceXIPO
(DIR) Post #B6s6K1ipvdpfxjRa8e by mastodonmigration@mastodon.online
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More Background: How Not to Buy SpaceX Stock (It’s Harder Than You Think)"If Elon Musk’s new public offering of SpaceX stock was an appealing investment, he would let investors make our own decisions about buying it. Instead, with the help of the NASDAQ stock exchange, he is sneaking it into our retirement accounts whether we want it or not."https://cranberries.medium.com/how-not-to-buy-spacex-stock-its-harder-than-you-think-a37610cb8bd3Free link: https://archive.is/71GCn (thanks Molly B @mjibrower !!!)5/#SpaceX #SpaceXIPO
(DIR) Post #B6s6K23OhCHMzV40Bc by mastodonmigration@mastodon.online
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More Background: The Verge | SpaceX IPO is great for Elon Musk and terrible for you“The likelihood the shares wind up in many people’s retirement accounts means that if SpaceX fails, the people who get hit are not the wised-up early investors but basically a bunch of normal people, the ones who can least afford it."https://www.theverge.com/ai-artificial-intelligence/940001/elon-musk-spacex-ipo-ai7/#SpaceX #SpaceXIPO
(DIR) Post #B6s6K2MBZLJ9vlr0TI by mastodonmigration@mastodon.online
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More Background: Casual Finance | The SpaceX IPO... It's Worse Than You Think. It's A TrapIf you watch just one summary of this epic scheme, make it this one!https://youtu.be/-X6YzlY_8tM?t=5608/#SpaceX #SpaceXIPO
(DIR) Post #B6s6K2VkzkxqPSKeOG by mastodonmigration@mastodon.online
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More Background: American Federation of Teachers Oppositionhttps://mastodon.online/@mastodonmigration/1166713373342739446/RT: https://mastodon.online/users/mastodonmigration/statuses/116671337334273944
(DIR) Post #B6s6K2oBtDi3KcxN7g by mastodonmigration@mastodon.online
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More Backgound: Patrick Boyle | SpaceX Lost $37 Billion. Now It Wants Your PensionFor a great really deep dive that will leave you fuming...https://www.youtube.com/watch?v=IHD8BDFYyGI10/#SpaceX #SpaceXIPO
(DIR) Post #B6s6K2oBtDi3KcxN7h by mastodonmigration@mastodon.online
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More Background: Benzinga | Elon Musk's SpaceX IPO Could Trigger Up To $27 Billion In Forced ETF Buying—Economist Says Nasdaq May Face Lawsuits“the most brazen retail fleecing in modern market history,” pointing to rule changes by the Nasdaq that would force investments into the IPO“SpaceX shareholders, especially the accidental ones in index funds (good time to get out), could sue NASDAQ for these rule changes,” https://www.benzinga.com/markets/private-markets/26/05/52768725/elon-musk-spacex-ipo-up-to-27-billion-forced-etf-buying-nasdaq-lawsuit9/#SpaceX #SpaceXIPO
(DIR) Post #B6s6K3csqkG7rqfr8a by mastodonmigration@mastodon.online
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More Background: The Danes are having none of this...https://mastodon.online/@mastodonmigration/11667140165719782411/#SpaceX #SpaceXIPORT: https://mastodon.online/users/mastodonmigration/statuses/116671401657197824
(DIR) Post #B6s6N8giUDoWR2w784 by stux@mstdn.social
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@mastodonmigration This is truly bizarre indeed.. saw it a few days ago