The SpaceX IPO will be the final looting of retail investors before the global economy completely implodes
Every institution is pushing as hard as possible for retail buyers to buy into this IPO and rules have been changed to force passive investment funds to buy into it and skyrocket the price, all to let insiders cash out before it completely collapses. Pension and retirement funds are going to be forced to pay Elon and his friends for an extremely overvalued asset. Even for those who have 0 investments, they will be affected. Many global **publicly** held government pension and investment funds are going to be forced into the rug pull.
I’ve received two emails from different banks I’ve held money in with info on how to specifically buy IPOs, which is something I’ve never expressed interest in before. The timing of all this is comically corrupt here.
The entire market is currently a house of cards and has been eating up more and more wealth from the working class at an even more unsustainably accelerated rate than normal since late March. Nothing about the stock market is reflective of the current economic reality and that’s by design.
Given global tensions, supply chain issues and overall consumer sentiment, Wall Street and big money institutions know the entire global economy is a bomb waiting to explode at this point and have just been pumping asset prices as high as possible regardless of reality. The AI bull rush has been the perfect catalyst for this.
**Now they need to cash out.**
That’s where the SpaceX and upcoming Anthropic and OpenAI IPOs come in. These things are a complete clusterfuck that are designed from the ground up to serve as exit liquidity for the ruling financial institutions in their pump and dump scheme. They know the economy is about to crash and they are doing everything they can so that they can cash out with working class money. All of these IPOs are being rushed and pushed out as quickly as possible at roughly the same time. That isn’t a random coincidence. Institutional investors know the market rally they manufactured is going to meet reality soon and these IPOs serve as their exit before it all blows up.
This is arguably the largest financial scandal in history and it’s not being reported on as such because the owners of the news media organizations are the same people who need our money to cash out.