Not Now
62.2K posts

Not Now ری ٹویٹ کیا
Not Now ری ٹویٹ کیا
Not Now ری ٹویٹ کیا

@SethAbramson I have a feeling the Europeans might be willing to trade Florida for something else.
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@jimstewartson I noticed when working for a tech bro that his idealistic behavior reminded me of Christian fundamentalists.
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“AGI” has been reimagined as a messiah—an omniscient prophet which will descend on Earth to alleviate humans of the need to work, or think, or do much of anything. This has create a cult of believers who treat dissent from the doctrine as heresy.
It’s a psyop, fleecing lemmings.
Mo@atmoio
I'm done. I'm f***ing done.
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Not Now ری ٹویٹ کیا
Not Now ری ٹویٹ کیا
Not Now ری ٹویٹ کیا
Not Now ری ٹویٹ کیا
Not Now ری ٹویٹ کیا
Not Now ری ٹویٹ کیا
Not Now ری ٹویٹ کیا

Mr. President, we just want lower gas prices
Kit Maher@KitMaherCNN
UFC structure going up on the White House South Lawn for June 14 fight
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Not Now ری ٹویٹ کیا
Not Now ری ٹویٹ کیا

The SpaceX IPO is the most brazen retail fleecing in modern market history.
NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float.
Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not.
And what exactly are they buying?
Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously.
For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%.
SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September.
$1.75 trillion valuation. $80 billion raise. Largest IPO in history.
The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.
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Not Now ری ٹویٹ کیا

@clubbing_guy it has to be rage bait, but someone literally made CRACKER PIE 😂
Criz -Nova- con ningun Republican🤮@crizteeneeta
I will emphatically pass on Premium Cracker pie 🤦🏼♀️
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