so imagine a broker offered you these terms about any other ipo. you ask "are they making any money" and he tells you "oh, no, in fact they lost $5 billion last year"
you don't need a series 7 license to see how laughable and insulting this is. but it's happening. it's not a bubble; it's a crater
Andie Sophia 💛🤍💜🖤
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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