Charlie
7.5K posts

Charlie
@Charlie8810
Freedom loving Albertan
Truckistan Katılım Temmuz 2011
399 Takip Edilen223 Takipçiler

Video from the Austrian pavilion at the Venice Biennale:
Artist Florentina Holzinger hangs upside down inside a giant bronze bell. She swings back and forth and literally “rings” the bell with her own body.
This is part of a large-scale installation about the climate apocalypse. The bell with a person inside symbolizes a warning about the coming flood.
The Biennale officially opens on May 9, 2026, but the performance has already begun.
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Kitsilano Pool is at the end of its life and could cost up to $300 million to save or replace 🏊💰
The iconic North America’s longest outdoor pool stretches 137 metres next to Kitsilano Beach and was ranked one of the world’s best tidal and oceanside pools by CNN.
Vancouver is looking at three options: $40 million basic repairs, $90 million renovation, or full replacement for $230-300 million.
It’s still opening this summer but the long-term future is up in the air.
What do you think they should do with it? 🤔💭

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we don't want one hour shipping, we want the workers to have one hour for lunch instead
SAY CHEESE! 👄🧀@SaycheeseDGTL
Amazon has officially launched 1-hour shipping in US. Over 100 cities!
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@Jimi_Humble @sarobertsonca You are an idiot. The barrels price was $100 in 2014 dollars so even higher per barrel then in today’s dollars if that’s your argument.
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@sarobertsonca You would think the self proclaimed Economic Sevant would have a better grasp on inflation…

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Eggo waffles just decreased the amount of waffles that come in their large 72-count box size for $11.99
The new box is 60 waffles and the price is $1 more, so $12.99
This makes it seem like you’re paying only $1 more, but because the decreased in waffles it’s really 30% more per waffle
Shrinklation of robbing us worse than people realize
A 30% increase in price per waffle is huge increase
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Charlie retweetledi

@TheEXECUTlONER_ lol it’s on the porch what’s the difference between walking 1 foot or 3 feet
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This UPS driver and Amazon driver both delivered packages to the same house at the same time.
Before they leave the UPS driver suggests to him that he may want to move the packages to the side so that they won’t have to come out too far.
The Amazon driver doesn’t seem too thrilled as he walks away.
Some say they would have ignored the UPS driver and others say that’s the problem right there. People also pointed out that UPS makes more money than Amazon drivers, so that could be the difference.
Should it matter how much you get paid? Shouldn’t you still do the best job you can? Or, do you think it’s not a big deal and the UPS guy should have minded his own business?
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Canadian Prime Minister Mark Carney was repping an #Oilers tie at an Ontario presser earlier today
(That is NOT a Montreal Canadiens jacket btw)

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@yfcherries I mean Tim Hortons stores are plagued with junkies in Edmonton so it makes sense
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This is the most OUTRAGEOUS deal I've seen in my 45 years on Wall Street.
SpaceX just disclosed Musk's new compensation package:
He gets up to 200 million super-voting shares if SpaceX hits a $7.5 trillion valuation, establishes a permanent human settlement of at least ONE MILLION people on Mars, and deploys roughly 100 terawatts of space-based computing power.
Let me put the 100 terawatts in perspective:
The entire electricity generation capacity of the United States is around 1.2 terawatts. The comp plan asks Musk to build more than 80x America's entire power grid... in orbit.
This is a science fiction screenplay that somehow landed in front of the SEC.
But here's why it actually matters for your portfolio...
The S-1 reportedly claims a $28.5 trillion total addressable market, with over 90 percent attributed to AI. CapeFearAdvisors flagged this one cleanly: when Palantir went public, it disclosed a $119 billion TAM and the SEC reviewed and accepted it.
SpaceX is claiming a market roughly 240x BIGGER.
Now let's talk about what is actually being sold here:
Reported 2025 revenue is approximately $15.5 billion. Starlink delivers around $11 billion of that with healthy margins, and the launch business is genuinely dominant. The problem is xAI - the AI piece doing all the heavy lifting in the trillion-dollar valuation pitch.
xAI generated just $210 million of revenue in the first 3 quarters of 2025 while burning through $9.5 billion in cash.
Ben Brey and Rupert Mitchell - a former Fidelity portfolio manager and a former head of equity capital markets at Goldman and Citi between them - ran a serious discounted cash flow on the actual operating businesses and arrived at roughly $400 billion. Lawrence Fossi covered their work recently and the math holds up.
The IPO is being marketed at $1.75 TRILLION.
The gap between what these businesses support and what Musk is asking the public to pay is roughly $1.35 trillion of pure narrative.
Then layer on what we just learned last week...
The New York Times investigation revealed Musk personally borrowed $500 million from SpaceX between 2018 and 2020 at rates as low as 1%, while bank prime rates sat around 5%. The same SpaceX has been used to bail out SolarCity, prop up Tesla during cash crunches, and absorb xAI when the AI losses became unmanageable.
This is the same playbook he's run for two decades.
Use a privately controlled entity as a personal piggy bank, and when the bills come due, find new investors to absorb the losses.
The IPO is structured to keep that game going FOREVER.
The Texas reincorporation strips away Delaware's fiduciary protections. Controlled-company status on the Nasdaq eliminates independent board requirements. And retail is being offered up to 30% of the offering (3x the normal allocation) because the institutions who actually do the math are quietly stepping away.
Here is the part that finishes the case for me:
Roughly $40 billion of the IPO proceeds are already spoken for before a single dollar reaches operations. About $23 billion retires SpaceX debt. Another $17 billion retires the high-interest debt sitting on xAI and X.
This raise is not funding the future. It's just plugging existing holes that retail investors will now own.
In my 45 years I've never seen a deal where the comp hurdle is colonizing another planet.
I've never seen a disclosed TAM that exceeds verified comparables by two orders of magnitude.
I've never seen a company asking the public to fund the retirement of debt incurred by separate private entities controlled by the same individual.
Every red flag I've watched precede a major bust over four decades is sitting in this prospectus, in plain sight.
The Tesla mispricing is being repeated on a far larger scale.
And this time the bag is being handed directly to retail.
Don't be the one holding it.
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You fucking live in Calgary
We just cashed the federal check for the housing accelerator
They funded the green line
You got TMX
They funded the Stoney expansion
They funded the flood protection work being done
They funded city transit moving to electric buses
Bradshaw@myabradshaw78
Well it’s Budget Day in Canada,I live in a Conservative Riding so I’m just going to do yard work because my area won’t see anything because we’re conservative.
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@RpsAgainstTrump Not really weird he’s going to be dead before they make it that far
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If he sleeps with one woman a day, it will take him 31 years and 6 months to sleep with 11,500 women.
He is 45 years old. This is only possible if he started sleeping with at least one woman a day before he turned 14 years old.
Nobody can keep up with that streak.
He’s lying.
YabaLeftOnline@yabaleftonline
Ray J says he has slept with over 11,500 women. 😳
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