61–70 of 560 posts
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New York City Comptrollers published similar concerns [1]. I suppose you could apply your point equally to NYC these days :-) 1. https://comptroller.nyc.gov/reports/letter-to-spacex-re-ipo-...
YES, remember who they elected in NYC :)
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Can you provide an example of a history book that lists minor shareholders of companies?
Their names are known and are part of history now. Maybe not famous but certainly better than being a forgotten weathered tomb stone after 5 centuries.
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> Because from where I'm sitting it seems like you're just operating on hopes and feels. I hate these flippant comments. Similarly, from where I'm sitting it seems you're struggling to disentangle revenue from profit.
I buy 50 billion of hardware. Make 45 billion back in year 1. My losses are 5 billion. I Pay of all my creditors by year two. Then spend another 55 billion on hardware in the second half of year two. My profit is at this point zero. By year three I am printing money. It's not a flippant comment. It's basic math.
Matt Levine described it well ( https://www.bloomberg.com/opinion/newsletters/2026-05-21/spa... ) > The deal, with SpaceX, is that Elon Musk runs it however he wants, and he does weird stuff, and you have to trust him, and if you don’t like it you can’t complain. > When SpaceX acquired xAI a few months ago, did a special committee of independent directors approve the transaction? Did Musk recuse himself from negotiat…
Isn't that how Facebook is ran too? Basically Zuckerberg's private company, that in theory is public?
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Any of the direct indexing providers will let you blacklist individual stocks from the index. The intended use is to exclude stocks you hold elsewhere (or receive as stock grants) to avoid causing wash sales, but it can also be easily used to make a custom "S&P 499".
I'm looking at Schwab (and saw a few others) and couldn't find anything: https://www.schwab.com/learn/story/primer-on-wash-sales I would assume this is not an ETF but sth else?
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Add Anthropic and OpenAI to the list. Companies that are bleeding money. Personally, a company should be making money before adding it to the index.
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And b/c these chinese competitors are open weight, the layer below frontier class AI is totally commoditized.
If there were a recession, the first thing enterprise customers would do is setup Kimi or Deepseek rigs. It would be a race to the bottom and no one would be profitable.
A similar phenomenon happened with rail lines in the 1850s where irrational exuberance led to a massive overbuild of rail lines, followed by a race to the bottom and the bankruptcy of almost all players. In the end, banks ended up absorbing the few companies that survived.
How can I transfer my shares of VTI for an interest in this pension fund, before it’s too late?
VTI won’t really be affected by this. It’s based on the total market and not artificially limited to a small number of large companies. Plus it’s free-float adjusted so only the publicly-tradable portion of SpaceX is considered when weighting its inclusion so it will constitute only a small portion of the fund. There is also a (small) mandatory delay period which I don’t recall between it going public and it becoming…
Earlier quoted context omitted.
New York City Comptrollers published similar concerns [1]. I suppose you could apply your point equally to NYC these days :-) 1. https://comptroller.nyc.gov/reports/letter-to-spacex-re-ipo-...
YES, remember who they elected in NYC :)