The SpaceX IPO is Horribly Badly Wrong.
The chips have been cashed, reality has solidified, and the markets have spoken. It is officially Elon Musk’s world, and the rest of us are just insignificant little peons sucking up our lord and savior’s precious oxygen.
The SpaceX IPO has dropped, bundling Elon’s grab-bag of mismanaged companies. We are buying into xAI, the chatbot that feels like a digital disaster; Starlink, notable for its satellite internet and equally notable for needing to replace its entire fleet of ten thousand plus satellites every five years due to the fundamental nature of their decaying low-earth orbit; and SpaceX itself, Elon’s favorite way to literally blow up billions of dollars at the press of a launch button. By bundling these entities together, SpaceX inherits massive debt, massive spending, and itty-bitty real-world revenue.
But none of that matters in this reality because Elon Musk.
That’s it. That’s literally the whole, shit-for-brains game. The SpaceX IPO might be a nightmare, but the reality that allows it to exist—a reality that bends to the ketamine-fueled will of one man—is truly worse than awful.
The Absurdity of the Math
I am not invested in the markets. I don't have a 401k. What little money I have goes into, you know, living. I watched the IPO launch purely for the entertainment value, desperately hoping that the wisdom of the crowd will finally deliver a reality check to the richest individual in the world.
Imagine my disappointment.
Based on nothing but that ketamine-fueled hype, Elon Musk now has a personal net worth north of one trillion dollars. That makes him three times richer than the second richest person in the world, Google co-founder Larry Page, who sits at an embarrassing and pathetic 300 billion dollars. Consider this if you want to drop a nuke in your noggin and completely melt whatever brain cells you have left: Elon Musk is now worth more than the entire GDP of the oil-pumping Saudi Arabia or the silicon-producing Taiwan. If you combined the wealth of the bottom 46% of the global population, he still has more money.
The whole point of the stock market is to ride his coattails and scoop up some of the pennies he loses in the couch cushions. But in order to do that, you still have to give him your money.
And it’s one thing to do that willingly, but a whole portion of 401k investors are now pumping up this massive wealth transfer scam without ever having a say in the matter. You’re going to gobble up all of this SpaceX IPO and you're expected to love it.
A Solidified Timeline
The markets have spoken, and the markets are brain-dead. There is no wisdom of the crowd when the crowd stares directly into the sun and says, "Yeah, forget eyeballs! All they do is show us things we don't want to see!"
Elon Musk owns this reality and he is going to strip-mine it until there is nothing left. The top one percent of the top one percent have got theirs, built their doomsday bunkers, and are laughing at how easy it was to scam every last one of us.
And what happens tomorrow? Who cares?! What difference does it make?! You drive his vehicles, use his internet, flatter his AI, and pretend his rockets are something more than a scheme to extract taxpayer dollars from the government.
This timeline has solidified, and the world’s wealthiest walking colostomy bag won everything.
Enjoy the Show
There is nothing left for us to do but drink up, sit back, and enjoy the show. This reality has been reduced to pure entertainment—a real-time reality TV show about a species crossing the finish line of late-stage capitalism in a Cybertruck. But hey, there’s still a chance that you, too, could get rich quick! Just sign on the dotted line and transfer all your loose change to the King Cybertruck Fucker himself.
It’s all a giant game, and We the People have always been the losers.
And that, my friends, is horribly, badly wrong.
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