“World’s first trillionaire” is an incredibly grotesque idea, not worthy of being celebrated but instead acknowledging that we have crossed a very unfortunate line.

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“World’s first trillionaire” is an incredibly grotesque idea, not worthy of being celebrated but instead acknowledging that we have crossed a very unfortunate line.
Rules have been suspended so tech tycoons can ruin the retirement savings of regular people.
Many sensible people think these tech IPOs look like a scam or a potential disaster. And that’s because anyone level headed and living in the real world can easily spot that these tech execs are delusional, selfish, out of touch, and don’t really know what they’re doing. They shouldn’t under any circumstances be allowed to ruin the rest of us.
FORTUNE - SpaceX and Anthropic are about to go public—and your 401(k) may be forced to buy in Catherina Gioino By Catherina Gioino News Editor June 4, 2026, 1:10 PM ET Index funds are usually the backbone of most 401(k)s, and because they’re obligated to buy whatever is in the index, changing the rules may be the mechanism that forces one’s exposure to a new IPO, such as SpaceX’s, and eventually Anthropic’s. But simply because SpaceX and Anthropic are so enormous at their debut (SpaceX at $1.77 trillion as of Wednesday and Anthropic expected at nearly $1 trillion), index providers can’t necessarily leave them out. So they’ve shortened or even eliminated the seasoning period, meaning your 401(K) will reflect their presence in the stock market that much sooner. While market bulls eagerly await their opportunity to purchase stocks the second they become available, others warn that the safeguards were in place for a reason, and without them, there could be a serious threat to people’s retirement nest eggs. “We put in place guardrails after the dot-com bubble for a reason,” Elizabeth Wilkins, the President and CEO of the Roosevelt Institute the Roosevelt Institute, told Fortune. “Because we remembered that there’s real downside risk to tying retiree savings to the fortunes of not only corporate America generally, but specifically the tech sector.”
My letter to reps:
I don’t think retirement accounts should be forced to buy shares of SpaceX & Anthropic, or any of these other tech companies led by unstable tech tycoons with infinitely more money than sense. They are ruining everything, and I don’t think taxpayer money should go to these companies, and I don’t think representatives of the people should be allowed to profit based on corporate welfare and funneling taxpayer money to buy them so they can buy yachts and politicians. I think their government contracts should be cancelled. Immediately. And these companies should be shoved in the dustbin as history as they are garbage and this is another financial crisis waiting to happen, and in my experience, the rich aholes are the ones who get bailed out while the rest of us have to eat it. No thanks. Put a stop to this corruption of our society or step aside and let someone else stand up and do what’s needed.
Please feel free to copy or repurpose for your own letters to reps.
Here’s how the looming stock market losses on overvalued tech stocks could all be be transferred by speculators and insiders to the unsuspecting middle class:
NASDAQ has removed safety rails that prevented pump-and-dump scams beginning with the SpaceX IPO by
{A} radically decreasing the time period to become an Indexed Stock from 3 months to 15 days.
{B} Radically decrease the six month timeframe during which Corporate Insiders could not unload stocks
{C} Mandate that the 15-day-wonder stocks and Insider shares be purchased at (inflated) cost for inclusion in Retirement and College Savings funds.
{D} A market ‘correction’ wipes out middle class savings. Just like 2008.
If Trump had been able to negotiate this deal on 2025 retirement and college finds would be holding a billion dollars of Truth Social junk (bought for more than $50 but worth less than $8).
As is the Indexed funds will be absorbing never-made-a-profit SpaceX’s $80 Billion IPO (as large as Enron and Madoff combined) plus who knows how many Trillion$$ in SpaceX insiders and AI insiders shares.
SpaceX is preparing to IPO this year, according to a leaked report posted to a trading forum and tipped off to Teslarati. A user by the name of Jushuatree provides very specific detail in what will likely be the most anticipated and talked about IPO in the last decade. The post reveals that Empire Capital Partners, a …
A. How does a Post-Reagan Ponzified Stock IPO ‘Punp and Dump’ work?
B. Does it apply to the Space X IPO?
C. How would a Pump & Dump negatively affect the non-investing Public?
A. Let the Trump Truth Social IPO-to-Present be submitted for your consideration as an example of PRP P&D:
Trump et al engaged in the following
Hyped the IPO to attract the Trump Cult Fans so that the Speculators felt confident there would be enough naive fans involved.
Price it at something fans would find acceptable ($49.95 for Truth)
Release a limited number of shares (5% Truth) to insure hyped up fan Demand exceeded Supply without surrendering any voting majority.
Speculators and fans bid the price up (high of $79+).
Speculators sell out when they think the price has peaked.
The high price insures the stock ticked off the regulatory boxes that allow the Index appraisers to give the stock a high grade fast/track into [**here’s the Ponzified part**] the non-speculator/non-fan retirement mutual funds of the public and private employees (pensions, IRAs, 401ks).
The Speculators recouped their bets and the Ivy League finance bros running the Mutual Funds ‘holding’ our ‘investments’ made their quarterly bonuses.
The rest of the stocks (96% of Truth) are ‘valued’ by the financial markets and ALL corporate owned media as if the Demand was such that these stocks could be sold for the highest share prices.
Corporate corner office cronies borrow against the inflated value of the stocks.
Reality sets in. Any fans holding stocks lose most of their investment.
Big enough Ponzi and the whole economy collapses (again).
Your Retirement Mutual fund’s Ivy Leaguers bought Truth Social stocks for $49-79 per share which are now worth less than $8.
A massive loss in the retirement funds of Private and Public Employees
===========================
B. Does Space X IPO smell like a Ponzified Pump & Dump?
On Friday, June 12th the hyped Space X IPO offered 4% of shares at $135. In trading on Monday, June 15th shares are at $187. Mutual Funds have already joined the Gold Rush.
The $5 Trillion employee payroll deductions that were added in 2025 to Mutual Funds have to be invested in something. New industries would be nice. [ There’s a diatribe below questioning what profits are expected from space rockets ]
===========================
C. AFFECT on PUBLIC.
In October, 2008 those of us who had retirement accounts in mutual funds watched life savings evaporate when the sub-prime toxic mortgages - rated Triple A by indexing watchdogs - collapsed the world economy. The culprits settled out of court and paid fines. We got zip, zero, nada,
Trump and DOGE removed the regulations put in place to prevent a repeat of 2008. Dems and the GOP collected a lot of ‘campaign donations’ over the last 50 years to also - quietly - dismantle most ALL FDR’s New Deal and most ALL Teddy’s Fair Deal regulations. Trumps just burned any regulations left standing.
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Why Invest in a Rocket Company? - A Diatribe
Space X competes -at a loss- against 16 nations with satellite launching capabilities PLUS private competitors with launching capabilities like Blue Origin, Rocket Labs (New Zealand), United Launch Alliance, Arianespace (Europe), Firefly Aerospace, Land/Space (China), Galactic Energy PLUS 5-10 start ups.
What Economic Demand does ‘yet another unprofitable Musk-run company’ have that it garnered more money in its IPO than all other U.S. IPOs in the last two years?
A rocket to the moon?
The Moon and near-earth asteroids are the only celestial bodies from which humans can potentially visit and return.
If there was any commercial value in the moon there would have been robotic landers crawling all over it for decades.
The USA feels compelled to return to the Moon after ignoring it for 50 years because <gasp, clutch pearls> brown nations China and India are contemplating besmirching where only European-descendent males tread.
A Rocket to Mars?
If Moon has virtually no commercial value a measly three days away from earth then Mars at 7 to 11 months away has ZERO value.
It would 10,000 times more feasible to colonize and grow food on the Antarctic continent than to fantasize colonizing Mars.
Anthropic IPO Guide: Should You Buy the Stock? (July 2026 Update)
Everything you need to know about the Anthropic IPO and whether it is the right investment for your portfolio in mid-2026. As the artificial intelligence sector undergoes a massive shift, investors are scrambling to understand the valuation and potential of the leading AI safety-focused competitor to OpenAI. In this deep dive, we break down the latest market movements and the specific details surrounding Anthropic's highly anticipated public offering. You will learn about the current valuation trends, the competitive landscape between major AI players, and the specific risks associated with investing in high-growth tech IPOs. We also examine how the recent IPO activity from other giants like SpaceX has set the stage for this massive market event. • Detailed breakdown of the Anthropic IPO preparations and current market sentiment. • Comparison between Anthropic, OpenAI, and SpaceX investment opportunities. • Analysis of recent news from CNBC and Yahoo Finance regarding the IPO. • Understanding the valuation and share price expectations for AI leaders. • Key lessons learned from previous high-profile tech IPOs in 2026. • Risk assessment for retail investors entering the AI sector now. • How to evaluate AI stock potential before the market opens. Make sure to watch the entire video to understand the critical risks before committing your capital, and subscribe for more deep-dive financial analysis. This video covers the latest AI stock news, including Anthropic IPO details, OpenAI stock potential, and SpaceX investment insights. We explore the most anticipated tech IPOs of 2026 and provide an analysis of the current artificial intelligence market trends.
Pride month gave humanity the ability to do 3 things:
Be gay
Do crimes
Buy SpaceX stock
and you guys only did 2 of those things :/
🌌 Sweet, Bitter, Real: When Will We Ever Understand Greed? 🌌
The Immortal Myth of the Rainmaker, from Dust to Mars
🎪 The Pitch in the Dust
Centuries pass, the clothes change, the technology evolves, but the hustle? The hustle remains exactly the same.
Humanity has a tragic, beautiful, and utterly stupid flaw: We would rather pay a charismatic liar to sell us a miracle than do the heavy, boring work of fixing our own home.
In 1890, he rolled into town on a creaking wooden wagon, coat pockets rattling with stolen silver. In 2026, he rolls out an IPO filing for a multi-billion-dollar rocket ship while posting monthly losses that could fund a small nation.
The machinery changes, but the tune remains a sluggish, raspy blues.
🎸 TRACK: "The Mars-O-Matic Rainmaker Blues"
(Style: Tom Waits. Think a dented tin bucket for a drum, a wheezing pump organ, and a voice like a throat full of gravel and cheap bourbon.)
🎙️ Verse 1
Well, step right up, boys, shake the dust from your shoes.
Back in eighteen-ninety, they had a different kind of blues.
The wagon rolled into town, paint peeling and grey,
A man with a top hat, promising to wash the drought away.
He said, "Drop your silver in this copper-lined pan,
And I’ll rattle the heavens, I’m the Rainmaker man!"
You gave him your nickels, your sweat, and your land,
And all you got was a pocketful of burning desert sand.
🩸 Chorus
Oh, the rainmaker’s gone, but the circus stays in town,
The grand illusion just spun upside down.
Yesterday it was water from a dry, cracked sky,
Today it’s a red rock, millions of miles high.
Yeah, the rain became Mars, and the rainmaker’s name...
Is Elon.
🎙️ Verse 2
Now he sits on a throne made of taxpayer green,
Selling tickets to a desert that nobody’s seen.
He says, "Give me your billions, give your planet the boot,
We’re packing our bags in a silver spacesuit!"
There’s no oxygen there, buddy, just cosmic disease,
But the crowd is still begging on their spiritual knees.
The telescope’s blinded by his satellite train,
And the fools are still dancing, praying for rain.
💥 Bridge
The human race... oh, it never grows old.
The same old story, just a new coat of gold.
We don’t want to fix the leaky roof where we dwell,
We’d rather pay a billionaire to build us a well...
In hell.
Yeah, in a freezing, radiation hell.
🎙️ Verse 3
So barker, go on, spin your multiplanetary wheel.
Tell us how the vacuum of space is gonna heal.
The suckers are lined up all the way down the block,
Buying shares in a dream, buying shares in a rock.
They’re exactly as dumb as they were in the past,
The first shall be losers, and the richest are last.
🥃 Outro
Step right up...
The rainmaker’s name is Elon...
But the sky is still dry.
And the dirt... the dirt is all we’ve got.
🕳️ The Anatomy of Greed: Why We Never Learn
Why do we fall for it? Why is the corporate board of SpaceX tying a $7.5 trillion valuation and a science-fiction Mars colony to a single man’s salary package?
Because greed is not just about wanting more money. Greed is an escape mechanism.
🦎 The Technofuturist Greenwashing: We feel guilty about destroying Earth, so instead of stopping the destruction, we buy a ticket to a dead planet. It allows the tech elite to hide their massive Earthly extraction and state subvention behind an "altruistic" mask.
🎰 Selling Religion as Stock: When you look at the raw numbers, SpaceX lost over $1 billion a month in early 2026 . In normal capitalism, investors run away from those numbers. But the Rainmaker doesn't sell numbers; he sells salvation. He shifts the timeline so far into the future ("a million people on Mars") that nobody can hold him accountable today .
🎪 The Blindness of the Crowd: We watch our night skies get choked by thousands of Starlink satellites, blinding our radio telescopes and ruining real astronomical research. Yet, the crowd applauds because they think it's the price of admission to the stars.
🪦 The Sweet, Bitter Reality
The sweet part? The dream of space is beautiful. The bitter part? It's being used to extract wealth from our pockets while our actual habitat burns. The real part?
There is no Planet B. There is no water on Mars. And the rainmaker is just going to take your coins, leave you in the dust, and laugh all the way to the next bank.
mod
Greed doesn't build bridges to the stars; it just blows giant, shimmering soap bubbles of illusion, charging the suckers admission to stare at a dead red rock until the bubble bursts and leaves them drowning in the dust of a sold-out Earth.