This is the one-stop shopping thread for all the reasons the SpaceX IPO is scammy from top to bottom. Brilliantly done. (h/t @niedermeyer.online)
Montana Skeptic
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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