Daryl Reuben

@AJEnglish @AnaKasparian @grok why were the charges dropped? Did they in fact rape her or not

The Israeli military has dropped charges against five soldiers, whose alleged sexual abuse of a Palestinian detainee was caught on camera. The video caused international outrage but also led to protests in support of the soldiers in Israel.

@AskTopstep @Topstep @MichaelPatak Nah man don’t make this a DM. We want it public so we know if you guys handle errors like this correctly or if he really is a fraud and lying about something.

@MSTARROHIT @Topstep @MichaelPatak Thank you for reaching out, Rohit. Please send us a DM with your Topstep username and a brief summary of the issue, and a Trader Support Specialist will assist you.

🚨🚨🚨 @Topstep @MichaelPatak 🚨🚨🚨 Today I received an email stating that ALL my Topstep accounts are being closed and my $25,000 payout is being rejected. The reason given is that I was either a previously banned trader or that I committed credit card fraud. Let me be very clear both allegations are completely false. I have NEVER been banned by Topstep in the past. I have NEVER used a fraudulent or third-party card. The card used belongs to me and has been used to purchase accounts across 15–20+ prop firms including @Tradeify, @fnfutures @TradingLucid, @MyFundedFutures, @fundingpips, @AlphaCapitalUK, @BlueberryFunded, @QtFunded, @TakeProfitLLC, @Alpha_Futures_, @the5erstrading, @ApexTradeFund etc., without a single issue and I’ve taken payout as well from all the prop firm’s. At the time of closure, all my 5 accounts were in $15,000 total profit, and even after my first payout request, all 5 accounts were still $10,000+ in profit. Despite this, all accounts were shut down and my payout rejected. I trade from my own device, under my own identity, with full transparency. I am fully willing to provide ANY verification required identity, card ownership, device verification, or trade history. Banning a trader and withholding a legitimate payout based on an unsubstantiated claim of card fraud when the same card has been accepted across the entire prop industry is unjustified and deeply concerning. I am formally requesting a proper re-verification and review of my account. This decision appears to be an error, and I expect my payout to be honored and my funded accounts reinstated once the facts are reviewed. @PropFirmMedia @propfirmeye @imantradingYT @TradersParadise @MattLeech @BeefDayPepe @Patrickwieland @propfundsquad @Topstep @TopstepTV @AskTopstep @flexxtrades @jadecap_ @TraderYush @traderkane @dhesi_trades @lanto_trades @KB_BTA @TylerG_Capital @RIPS @BrettSimba @ajtradinglucid @thebrianstonk @UncleBugatti @Limitless_Noman @MatheWieme @ZamcoCapital @JStonksBrendon @AmasPFT

@bro_cooked @grok link me to the full episode

Judge Judy delivers one of the most savage verbal beatdowns in television history.

@RezzieC @_mR_X @MichaelPatak @Topstep That logic is quite dumb honestly when all they needed to do was lock out your account if you request a payout on that day before it’s over.

No its honestly good they did that- and it was a loophole. For example its the fifth day you make $150 and then request the payout. You don’t lock yourself out. Boom on that 5th day, money gets deducted from the account balance, payout is pending but then you decide to continue trading. Which a lot of people have done. You go negative or blow the accounts! That 5th day is now a red day, That means you we’re profitable 4 days and negative ON that 5th day. Their rules clearly state 5 profitable days of 150+ Soo this prevents the impatient people from over trading. Just let the day close out…

Hey @MichaelPatak what’s this new rule?@Topstep

@AskTopstep Why announce things are back to normal when it's clearly not lol. RP&L still hasn't reset. Passed the combine but it's still screwed

Hey Traders, TopstepX performance has returned to normal for all traders. - Team Topstep

Hey Traders, We’re aware of an issue impacting TopstepX Flattening Orders that’s currently affecting all traders. Until we resolve it, we recommend you Pause Trading Our team is investigating and working to get the platform back up as quickly as possible. Thanks for your understanding. We know time in the markets is valuable. For the most current update, please visit status.topstep.com

@elonmusk @grok Grok sucks ass while using AirPods, doesn’t understand a damn thing I’m saying

Please provide strengths and weakness feedback about Mika below @Grok

@hgoldman77 @jayplemons @chamath Explain to me how taxing billionaires solves universities encouraging young kids to take massive loans for useless degrees. Do you just want billionaires to pay for the useless degrees or something?

@jayplemons @chamath TAX BILLIONAIRES. When a society is desperate for money to solve its problems and wealth is concentrated in the grip of a few, government, representing the general welfare, must tax the few holding the wealth.

Bill Ackman’s idea to fix student debt: Make universities take the first $20k loss. @chamath “If the universities are forced to underwrite these degrees and they know that they’ll take the first dollar loss up to a certain amount… they’ll be much more circumspect about what degrees they force onto people and the amount of money that they’re willing to actually underwrite via these loans. And that will be a telltale sign that a lot of these degrees don’t make any sense.”

@farzyness Like Apple, you either have an iPhone or you have an “other”. Winner takes half

Humanoid Robots:

@InTheMoneyAdam What is this? A 'buy the dip' for boomers? Where are the calls and 2x leveraged ETFs? Just bought TSLL, SOXL and BMNR. One more dip and it's EOY HOOD calls. A third dip = all in on 0dte SPY calls Scared money don't make no money

THE FUTURE IS NOW. WE DO NOT CAVE. WE DO NOT FEAR. WE BUY. WE BUY UNTIL IT HURTS. WE BUY UNTIL WE BLEED. COURAGE, LADS. marketplace.joinautopilot.com/landing/1218/5… (also the meta dip being partially due to higher expenses in R&D is hilarious)

@TreeSwingn @amitisinvesting You assign a premium to their ability to control a company, neither Saylor nor Tom Lee control Bitcoin/Ethereum.

@TreeSwingn @amitisinvesting You're viewing Bitcoin and Ethereum as being more similar to a stock in a company, which it is not. It's more similar to a commodity. Whether Elon Musk holds a bag of Bitcoin or some random unknown person holds a bag of Bitcoin, that bag is worth the same.

The first 2 deepdives are officially out! Deeply appreciate everyone who has subscribed, I am new to Substack but already am loving the level of intellectual curiosity that so many have on the platform. I don't love to write as much as I love to speak, it took the past month to write these 2 deepdives (the goal is 2 per month) but I have enjoyed the process of getting thoughts out via written word & composing a thesis. It takes you on a wild journey exploring and understanding all the different nuances about a company to make sure you can put it together in a way that makes sense, while adding your own flare, is really cool. The first two deepdives are... $BMNR and $DUOL. Hopefully people enjoy and I also hope to get better over this journey at articulating via written word. Please let me know any other names you'd like to see a deepdive on!

@TreeSwingn @amitisinvesting That's probably because you're looking at Eth as a business, it's not. It would be like if Elon, Karp & Jobs had to start an ETF that just buys gold. Would this gold ETF demand a premium? Why?

@DarylReuben @amitisinvesting It trades at a premium to MNAV because Tom is highly trusted on wallstreet. I dont see the problem with that, you basically invest in ETH + Tom Lee. Similar as you pay a premium for Elon = Tesla or Alex Karp = Tesla. Steve Jobs = Apple etc.. $BMNR

@TreeSwingn @amitisinvesting It trades at a premium because it can acquire eth for cheap, it can acquire eth for cheap because it trades at a premium. This is problematic.

@DarylReuben @amitisinvesting Because it can raise money at a premium to MNAV for example. MSTR has always been trading at a Premium to MNAV. Also you can sell covered calls at a very high premium. The 100$ 11/21 calls sell for 1.00$ which is a 2% return in 5 weeks + shares have to double to even reach 100$.

@CrazyAndWildArt @amitisinvesting The dollar moving away from gold and relying on trust is one thing. Crypto moving away from Trust to POW/POS is another thing. This is now like Tom Lee taking a step back from the proof of whatever, to trust me bro

This is the thesis: Just as the 1971 Nixon Shock freed the dollar from gold, birthing a fiat era sustained by trust, network effects, and Wall Street's innovative plumbing (e.g., derivatives, global banking), we're witnessing Ethereum's ascent as programmable money/tech infrastructure. ETH isn't just "digital gold"—it's the settlement layer for DeFi, tokenization, stablecoins, and AI agents, with its dominance amplified by the ecosystem exploding around it (e.g., Layer-2s, validators, institutional wrappers). BMNR, under Chairman Tom Lee, embodies this shift, acting as a corporate "flywheel" that doesn't just hoard ETH but fuels and bridges the broader system. Investing in BMNR gives you both: Leveraged, direct exposure to ETH's price and staking yields (via its ~3.03M ETH holdings, or ~2.5% of total supply, valued at ~$12.9B as of Oct 13, 2025), plus skin in the game for the Ethereum ecosystem's growth. It's not passive holding like buying spot ETH—BMNR actively deploys capital to build infrastructure, invest in ETH-native projects, and forge Wall Street ties, creating a "synthetic" premium (trading 20-50% above NAV) that funds more accumulation and innovation. This mirrors how post-1971 dollar dominance emerged from ecosystem bets, not just faith in the Fed. Critics (e.g., Kerrisdale's Oct 2025 short report) argue it's overvalued froth, but proponents like Lee see it as the "liaison between Wall Street and blockchain," positioning ETH as "the blockchain of Wall Street" for tokenized assets and stablecoins.

@amitisinvesting BMNR can buy Eth for cheaper because it trades at a premium. BMNR trades at a premium because it can buy Eth for cheaper. See the issue here? It's just '' because '' - literally no actual reason.

@amitisinvesting In fact, due to paying fees and having to pay Tom Lee and other's salaries, it should actually be more detrimental than owning Eth. Sure he has the ability to buy Eth at a cheaper price based purely on BMNR trading at a premium, but nothing about it demands that premium.

@KamermanMenno @kylaschwaberow Tons of people in the investing community deserve to be ridiculed. Chicken Genius, for example, very boldly stated Rivian would hit $50 before Tesla could reach $500. Let's not forget all the people promoting shit like Nikola too when it was an obvious fraud.

@kylaschwaberow Nobody deserves to be ridiculed. It is not productive

Shoutout to Jeremy for selling 100% of his $TSLA $165 ago. Just before Robotaxi. Genius move. 👍

@Tesla @grok does this screw over TSLA shareholders in any way whatsoever? What's the worst case scenario

A Letter to Our Shareholders on the 2025 CEO Interim Award Dear Fellow Tesla Shareholders, Today we announce an important first step in compensating Elon Musk for his extraordinary work at Tesla. As you know, Elon has not received meaningful compensation for eight years since the 2012 CEO Performance Award was last earned in 2017. Despite overwhelming support from you in 2018 and again in 2024, our legal efforts continue in the Delaware courts to reinstate the 2018 CEO Performance Award. Despite these legal challenges, we can all agree that Elon has delivered the transformative and unprecedented growth that was required to earn all milestones of the 2018 CEO Performance Award. This growth has translated into immense value generated for Tesla and all our shareholders. To recognize what Elon has accomplished and the extraordinary value he delivered to Tesla and our shareholders, we believe we must take action to honor the bargain that was struck in 2018. After all, “a deal is a deal.” Thus, as evidence that Tesla is committed to honoring its promises in the 2018 CEO Performance Award and intends to compensate its CEO for his future services commensurate with his contributions to our company and shareholders, we have recommended this award as a first step, “good faith” payment to Elon. Delaware litigation continues to loom over us after seven years. As we told you last year, the 2018 CEO Performance Award resulted in a $2.3 billion stock-based compensation charge to Tesla but brought about $735 billion of increased market capitalization. Despite delivering such extraordinary returns, that award continues to be in legal limbo despite two separate shareholder votes supporting it by large margins. Furthermore, we have no clear timeline for resolution, as we are still waiting not only for a ruling, but a hearing date to be heard in front of the Delaware Supreme Court.  Rewarding Elon for what he has done and continues to do for Tesla is the right thing to do. Retaining Elon Is More Important Than Ever Before Today, Tesla is at a critical inflection point that has the potential to create continued extraordinary value for you, the shareholders. Through Elon’s unique vision and leadership, Tesla is transitioning from its role as a leader in the electric vehicle and renewable energy industries to grow towards becoming a leader in AI, robotics and related services. To succeed, it requires a leader who combines strategic foresight, adaptability, and relentless execution to outperform competition and inspire the team. Elon has demonstrated these unmatched leadership abilities time and time again with his unparalleled track record of delivering shareholder value since he joined as a founding figure and spearheaded the transformation of our extraordinary company. And while these impending changes are exciting, the outcomes are not guaranteed. It is imperative to retain and motivate our extraordinary talent, beginning with Elon. The war for AI talent is intensifying, with recent months including multi-billion-dollar acquisitions of companies and nine-figure cash compensation packages for non-founder, individual AI engineers. Even among this group of highly talented individuals, no one matches Elon’s remarkable combination of leadership experience, technical expertise, and, arguably most importantly, decades-long proven track record of building the most revolutionary and profitable businesses across different industries. While we recognize that Elon’s business ventures, interests and other potential demands on his time and attention are extensive and wide-ranging, including his leadership roles at xAI, SpaceX, Neuralink, X Corp., and The Boring Company as well as his other interests, we are confident that this award will incentivize Elon to remain at Tesla and focus his unmatched leadership abilities on further creating shareholder value for Tesla shareholders and attracting and retaining talent at Tesla. To be clear, losing Elon would not only mean the loss of his talents but also the loss of a leader who is a magnet for hiring and retaining talent at Tesla. The Special Committee believes now is the right time to take decisive action to recognize the extraordinary value that Elon created for Tesla shareholders. As such, the Board (with Elon and Kimbal Musk recusing themselves), has unanimously approved a recommendation from the Special Committee of the Board to grant Elon an award of restricted stock equal to approximately one-third of the compensation he earned under the 2018 CEO Performance Award. The award provides the following provisions: • 96 million restricted shares of stock, subject to Elon paying a purchase price upon meeting a two-year vesting term, to be delivered after receipt of antitrust regulatory approval; • The purchase price will be equal to the split adjusted exercise price of the stock options awarded to Elon under the 2018 CEO Performance Award ($23.34 per share); • A requirement that Elon serve continuously in a senior leadership role at Tesla during the two-year vesting term; • A pledging allowance to cover tax payments or the purchase price; • A mandatory holding period of five years from the grant date, except to cover tax payments or the purchase price (with any sales for such purposes to be conducted through an orderly disposition in coordination with Tesla); and • If the Delaware courts fully reinstate the 2018 CEO Performance Award, this interim award will be forfeited or returned or a portion of the 2018 CEO Performance Award will be forfeited. To put it simply, there cannot be any “double dip.” Elon will not be able to keep this new award in addition to the options he will be awarded under the 2018 CEO Performance Award should the courts rule in our favor. The Special Committee, consisting of the two of us, was formed earlier this year to consider how best to retain and incentivize Elon in a manner that aligned with the best interests of the Company. The Special Committee and the Board deliberated carefully over the decision to grant this interim award against the backdrop of the ever-intensifying AI talent war and Tesla’s position at a critical inflection point. We believe it directly addresses a top concern and priority for shareholders and the Board alike: energizing and focusing Elon on Tesla so he can propel Tesla into its next era of growth, while we continue the legal campaign to have the 2018 CEO Performance Award reinstated. This interim award is structured to incrementally increase his voting rights upon grant, which he has repeatedly told us—and shareholders have confirmed—is an important part of incentivizing him to stay focused on the critical work we are doing here at Tesla. We believe this is a vital consideration, and we used the tools currently available to us—our existing equity incentive plan—to grant this award. We would also like to stress that prior to recommending this award, we reviewed your letters, read your X posts, and considered the direct feedback we have received from many of you in order to align our recommendation with your expressed views. From those communications, we know that one of your top concerns is keeping Elon’s energies focused on Tesla. This award is a critical first step toward achieving that goal, although it is limited by the capacity of our current equity incentive plan. As such, we are also working on next steps to address that issue. Still, while our work remains ongoing, we feel it is important to communicate directly and transparently with you all, our shareholders and Tesla’s owners. The Special Committee continues our work to address a longer-term CEO compensation strategy, which we plan to put to a shareholder vote at the November 6 annual meeting. Thank you for your continued support of Tesla and stay tuned for more information as we get closer to our shareholder meeting. Very truly yours, Robyn Denholm & Kathleen Wilson-Thompson Members of the Special Committee of the Board of Directors