@hankg@friendica.myportal.social
2026-05-21 14:53 UTC
Speaking of putting money into Elon Musk's pocket, we all will probably be putting more money into Musk's pockets through our retirement accounts, index funds, mutual funds, et cetera once SpaceX goes public and they bend the rules to fast track trading of the stock in the various exchanges. Techbros seem to always win and never have to suffer consequences for their nefariousness, do they? #ElonMusk #SpaceX #rant morningstar.com/funds/spacex-i…
Replies (1)
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@isaackuo@spacey.space 2026-05-21 15:19
@hankg Yep. That's how it works, to ensure the already wealthy get all the money, and we always get left holding the bag. The stock market is a pyramid scheme and pump-and-dump all rolled into one, with 401Ks the rube layer at the bottom. And we have no real opt-out option. Yay.