The SpaceX IPO is a fraudulent scheme orchestrated by Trump’s administration, with the SEC allegedly facilitating it as a favor to Elon Musk, who played a crucial role in securing Trump’s election. thenextweb.com/news/danish-pen… #uspol #spacex #tech #ipo #stocks #nasdaq #401k #pension #space
A Danish pension fund has blacklisted SpaceX, calling it grossly overvalued with catastrophic governance
Denmark’s AkademikerPension, which manages roughly $25 billion for academic professionals, has said it will not participate in SpaceX’s initial public offering or buy shares in any secondary-market transaction, according to Bloomberg.The Next Web
volkris
in reply to RedwoodSec • • •Where is the fraud exactly?
If people want to take a bet on a risk that's one thing, but what in SpaceX filings is false?
I didn't see it mentioned in the article, but maybe I missed it.
RedwoodSec
in reply to volkris • • •Experts sound alarm over Elon Musk's 'coup' that's 'about to rob your 401k'
Alexander Willis (Raw Story)volkris
in reply to RedwoodSec • • •Again I ask questions like, what in the SpaceX filings is false? Where is the actual fraud?
Yes, it seems foolish for indexes to be including the company like this. That may be many things, but fraud?
Notably, the Raw Story story throws around the f word quite a lot, but it doesn't lay out fraud either.
Even if you want to focus on the indexes and say they're violating trust to include SpaceX, well, that's the index, not SpaceX.
SpaceX seems like a foolish, hyped stock to me. But that's not fraud in and of itself.