It’s a pretty weird week when a guy who wants to be a trillionaire is simultaneously getting headlines for the economy-shattering IPO expected Friday and the racist pogroms he is accused of stoking — but these stories are viewed as separate and in no way connected or prescient of the future.
Hi! I'm Bret Rhett Chet, here to tell you why you should buy and hodl SpaceX stonk. For a mere $135/share, you get pro forma tangible book value of $7.85/share, an immediate 94% dilution. New investors are putting up 48% of all capital ever invested in SpaceX in exchange for 4.2% of the shares.
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this actually happened!!!!
I made a Firefox add-on that lets you find the federal court opinion/docket mentioned in a news story in one click. Using @free.law's CourtListener and RECAP of course. addons.mozilla.org/en-US/firefo... (this is a personal project)
Absolute banger of an investigation by @mayakaufman.bsky.social and her co-reporters here!