Two’s a trend. And, trust me I have been involved in hundreds of IPO’s over multiple decades, it’s not for altruistic reasons. They already sense a lack of institutional demand and are looking to dump bags on retail.

April 08, 2026 - 21:47 UTC

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He is also relying on cult followers to uncritically buy stock because it has the name "Elon" on it somewhere.
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Seems like it was a pretty serious strategic mistake to staple his Twitter and Grok bags onto the side of SpaceX.
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I mean in terms of bailing out his XAI investors its likely to work out incredibly.
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Given how enthusiastically retail investors have supported Musk so far, I would not judge him too quickly
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When can I short?
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Careful with that. The exuberance comes before the fall.
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This is the way.
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If either of these IPOs flop, that could be the thing that pulls the bung out of the AI bubble.
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Which probably goes hand in hand with the SEC now allowing broker-dealers to use S&P500 & Russell 1000 shares in margin accounts as collateral for "relief". Rule Rule 15c3-3 was quietly updated and now they only have to "represent" they have them.

And yeah, that is bag dumping.
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This💯
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Toilet paper keeps getting more expensive.
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these grifters happy to steal every single penny from these poor people…
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Both openai and spacex have lower annual revenues than Macy's department stores
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Y…yeah. It’s an enormous company

Valuation is not revenue based if that’s what you are getting at. SpaceX actually being pretty much on par with a fraction of the scale and a different industry is indicative of that
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And less appealing products, such as they are.
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i’ll take that as warning to retail investors… thx
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AI bust gonna be the new Great Recession
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Elon invested billions into Social Media Bots for just this reason.
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Can they please offer a short to retail investors?
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Okay if Direxion introduces an inverse for this within a month I think I need to go buy a special bottle to crack open or something.
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X shares are as valuable as kited check.
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👝 for sure. I'd take an Anthropic bad if it was offered though!
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My guess today is the Anthropic IPO will be hot and have a big first day.
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The rug pull is going to be generational
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BAGNAROK
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Toxic waste dump
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@profgalloway.com wanna weigh in 👆?
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Watching the way unknown UHW investors were able to regularly pull gamma squeezes on $TSLA for _years_ and rip off retail investors, they're basically lining everything up to make sure they can keep doing it.
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Great IPOs are hard to get into. Retail investors generally dont even get to sniff IPOs. I agree with you. There is low institutional demand because they know it is a bubble and that the product doesn't work according to spec.
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And over valued
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Maybe but don’t forget Elmo did 5 rounds of raising venture capital for the ai company. Both companies were suppose to go public separately and may be trying to make pissed off investors happy
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