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Sector 001

(401 posts) Wed May 27, 2026, 03:51 PM May 27

Did Elon Musk Just Rig the Stock Market? - More Perfect Union

Elon Musk wants a SpaceX IPO valuing the company at upwards of $1.75 trillion.

To get there, he got the rules changed so that index funds, with millions of Americans' retirement savings, are forced to buy in.

Retirees could take huge losses, while insiders cash out

2 replies

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Did Elon Musk Just Rig the Stock Market? - More Perfect Union (Original Post) Sector 001 May 27 OP

Well, he confessed to rigging the 2024 election, so why not? BComplex May 27 #1

I was taxed a lot of $$$ to liquidate my IRAs but the $$ that is at risk had I stayed in that in2herbs May 27 #2

BComplex

(9,995 posts)

1. Well, he confessed to rigging the 2024 election, so why not?

Reply to Sector 001 (Original post)

Wed May 27, 2026, 06:06 PM

May 27

There is no end to the criminality allowed in the USA these days.

in2herbs

(4,627 posts)

2. I was taxed a lot of $$$ to liquidate my IRAs but the $$ that is at risk had I stayed in that

Reply to Sector 001 (Original post)

Wed May 27, 2026, 08:07 PM

May 27

Ponzi scheme would have been more.

There's enough info out there for middle-America investors to be informed, but whether they will take advantage of the info as another question.

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