Spacex really changed the game, forcing the markets to load up that ish in our 401(k)'s.
Next, when Musk threatens to “gift” every child spacex stock in their Trump accounts, it’s another form of using the general public as an exit , well artificially propping up the moonshot companies stock values.
It is a Master Class in forcing volatility into the financial lives of not just retail investors but Main Street people.
In the first month, it was possible to make quite a bit of money shorting SPCX. It’s a fair play if you want to buy and hold it, but I’d much prefer to short a stock like SPCX for a multitude of reasons.
Though I respect anyone with the conviction to put their money where their mouth is.
Thank you! I’m quite proud of holding to my convictions, to the degree that I divested from every ETF in my retirement portfolio which was obligated to load up on the spacegrift stock, and to minimize my exposure in my taxable holdings wherever I could afford to.
I want to make sure that I don’t grow my wealth in a sleazy way.
Spacex really changed the game, forcing the markets to load up that ish in our 401(k)'s.
Next, when Musk threatens to “gift” every child spacex stock in their Trump accounts, it’s another form of using the general public as an exit , well artificially propping up the moonshot companies stock values.
It is a Master Class in forcing volatility into the financial lives of not just retail investors but Main Street people.
In the first month, it was possible to make quite a bit of money shorting SPCX. It’s a fair play if you want to buy and hold it, but I’d much prefer to short a stock like SPCX for a multitude of reasons.
Though I respect anyone with the conviction to put their money where their mouth is.
Thank you! I’m quite proud of holding to my convictions, to the degree that I divested from every ETF in my retirement portfolio which was obligated to load up on the spacegrift stock, and to minimize my exposure in my taxable holdings wherever I could afford to.
I want to make sure that I don’t grow my wealth in a sleazy way.
That’s awesome. I did the same, but the percentage of SPCX in the ETFs I held was super small. Wish I could have had more of an impact.