And so the SpaceX share price has now dropped below the IPO price suggesting initial investors may have cashed out, selling on to those taken in by the AI hype.

Did Elon Musk organise a Pump & Dump strategy to monetise his holdings in SpaceX (alongside his familiars), while claiming that 'retail' investors could share in the future profits?;

yes it the classic case of finding the fool(s) to sell to before the price drops.

Elon says: 'ha ha, you've been had'!

#SpaceX #ElonMusk #investment

NEW: Wall Street Wants to Change the Rules for Your 401(k). It Could Put Your Retirement at Risk.

Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage less-regulated — and often riskier — investments.
propublica.org/article/401k-re…

#News #WallStreet #Finance #PersonalFinance #Investment #Trump

Trump Administration Plans to Change Rule Protecting Your 401(k) — ProPublica

Financial firms want a bigger piece of the $10 trillion in America’s 401(k) plans, and the Trump administration is planning a regulatory rollback to encourage  less-regulated — and often riskier — investments.

^{Paul Kiel (ProPublica)}