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 is Henry. He was so focused on his goal of meeting a fish that he accidentally became one. 12/10 (TT: buckquacks)
Please Use AI
This is probably the most traditional possible behavior for the family of a pope.
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I could be convinced that "valuation" is inherently not something for regulation; okay, fine, even if it produces bubbles, crises, and misallocated capital.
... but the total absence of any governance or shareholder rights is just not something that should be allowed on public markets, period.