6/23: SpaceX Wipes out over 900B in market value and is already back down to their IPO price. But the real problem is what comes next… #spacex #breakingnews #economicnews #financialnews #stockmarket

Alright y'all, so SpaceX just wiped out 900 billion dollars in market value and counting after only two weeks since their IPO. And now they're already having to take out debt through a 20 billion dollar round of bond sales. Man, if only someone had tried to warn y'all that this was a scam. But I'm not here for that, I told you so, and I never will be. What I'm here to tell y'all is that it's not over. This right here was just the first round for Wall Street and some insiders to cash out on retail traders and the Elon fanboys. The second round is the real problem, and it's the main thing that I was warning about in my original video. They are going after the retirement funds next. Now, if you remember, the main issue I had with the SpaceX IPO, besides the fact that it's an unprofitable company, valued at two trillion dollars, with a revenue of only $18 billion and a cash burn of $8 billion net loss, the problem I had was that the NASDAQ had changed its rules specifically for the SpaceX IPO, and I assume for their open AI and anthropic IPOs, and they're going to be fast tracking them into their index funds and ETFs after only 15 days, and it's 15 trading days, so that would be July 6th. And on that day, the QQQ and the QQQM, they're going to be forced into adding SpaceX into their funds. That means that anyone who holds these funds in their retirement accounts, which is actually most people, these are some of the biggest funds out there. They're all going to be forced into buying SpaceX. And obviously, most people with the retirement accounts, they don't really pay attention to this stuff. They just have it on automatic. So there's going to be a lot of people buying into this without even knowing. But then the real problem is that soon after this forced buy-in, is when the SpaceX insiders and executives get to start caching out. And this is another rule change made specifically for SpaceX. Usually, insider shares are locked up for 180 days after an IPO. But for SpaceX, they get to start selling in early August, which is like two months after the IPO. And these two rule changes right here set up one of the nastiest scams I've ever seen. You fast track them as an unprofitable company into some of the biggest ETFs held by most retirement accounts. And then you fast track the insider selling rule. So passive investors and 401k's buy-in, and then the executives get the cash out right after. Diabolical. So if you haven't already, I would be moving out of the queues out of any Nasdaq tracking funds. And also look up what other funds are adding. It's not just the Nasdaq trackers, there's a couple others. But I'd personally be hitting the road because this is just the first one, okay? Open AI's next, and then I'd throw up it after that. This right here, we're looking at the peak of the AI bubble, okay? I mean, the market's already falling off a cliff, I haven't really been paying attention, but there's gonna be a few more waves, you know, you know how it goes. But at least it comes with some good news, Elon is no longer a trillionaire.