Thapelo Moleleki

👍🏽

[RT @RT_com]

Trump ‘SHOCKED’ by crowds flooding Iran streets to MOURN Khamenei

‘I thought PEOPLE HATED him’

‘Neither side will shoot the other during funeral proceedings’

[Thapelo Moleleki @Thapzzza]

@IraninSA From South Africa, we remember and honour a leader who inspired millions through faith, strength, and courage. May Almighty Allah grant him eternal rest in Jannah. Rest in peace. ❤️🕊️

[Jackson Hinkle 🇺🇸 @jacksonhinkle]

Coffin of Khamenei's grandchild, killed in US-Israel strikes, shown during the funeral ceremony

[RT @RT_com]

Japan celebrates US Independence Day with MASSIVE drone show — 81 years after being literally NUKED by America TWICE

[Wimbledon @Wimbledon]

Novak Djokovic diving volley on match point! 😱

[Thapelo Moleleki @Thapzzza]

@MbuyiseniNdlozi ✊🏾✊🏾

[Rebone Tau @ReboneTau]

Former Botswana President Ian Khama has weighed in on illegal immigration in South Africa 🇿🇦.

It's worth remembering that, while in office, he was also one of the few African leaders who openly criticised Zimbabwe's ZANU-PF government.

[NORTH WEST TIMES @NorthWesTimes]

WATCH 🎥

Podcaster MacG reading The South African Immigration Act 13 of 2002 .

[Royale Union Saint-Gilloise @UnionStGilloise]

Being humble and putting in the work. Rele is an Unionist. 💛💙

[Sizwe Mpofu-Walsh @SizweMpofuWalsh]

Next guest on SMWX is a big one: @HunterBiden!

A fascinating conversation about politics, power, social media, and redemption.

Drops Sunday at 9. Ayeye! 🔥

[SuperSport 🏆 @SuperSportTV]

The interview we've all been waiting for 😍

F1 Extra: Lewis Hamilton coming soon 🔜

#SSMotorsport #F1

[Thapelo Moleleki @Thapzzza]

@BabyPana23 Hell yeah 😅

[ᴛʀᴀᴄᴇʀ @DeFiTracer]

SPACEX VALUATION: $2.4 TRILLION
AMAZON VALUATION: $2.4 TRILLION

SPACEX REVENUE: $18.7 BILLION
AMAZON REVENUE: $742.77 BILLION

[Thapelo Moleleki @Thapzzza]

@KabeloMusic This is great - all the best Kabelo 🚲

[Mahir 🇹🇷🇬🇧 @ScrewderiaF1]

Lewis Hamilton breaks the record for the most F1 wins (106), previously held by Lewis Hamilton (105)

[Thapelo Moleleki @Thapzzza]

@LewisHamilton Congratulations Lewis 🎊

[Special Investigating Unit (SIU) @RSASIU]

FOREIGN NATIONALS FUNDED WITHOUT APPROVAL

The investigation showed that seven students who received bursaries from the OTP were foreign nationals, with six of them funded on a merit basis as top achievers. However, the SIU found no approval to deviate from the bursary policy, which specifies that bursaries are for South African citizens residing in the Free State. This resulted in an expenditure of R576 734.48.

[Hunter Biden @HunterBiden]

7 years sober today.

Thank you to everyone who has walked this road with me.

[Iran Embassy SA @IraninSA]

The United States is abusing its role as a World Cup host.

They issued heavily restricted visas to the Iranian team, which is scheduled to play on U.S. soil. They also failed to issue visas to @BafanaBafana in a timely manner.

Either they are incapable of managing the process properly, or they are acting in bad faith.

[Bull Theory @BullTheoryio]

🚨Michael Burry just said Elon Musk and Nvidia's deal is built on fake numbers.

Burry published a detailed breakdown calling the entire structure "Fugazi", his word for fake.

He is alleging that billions of dollars in Nvidia chips are being hidden off balance sheets, and that American retirees are unknowingly funding the whole thing.

Nvidia, the world's largest AI chip company sold $5.4 billion worth of its most advanced GPUs, the GB200, to a company called Valor.

Valor is not a real operating business. It is a special purpose vehicle, a shell company created specifically to hold these chips and nothing else. Nvidia also invested $1.9 billion of its own money directly into Valor on top of the sale.

Those 100,000+ chips are now physically inside xAI's data center. xAI is Elon Musk's artificial intelligence company, the one that builds Grok. xAI is using every single one of those chips right now to run its AI models.

But here is what Burry is flagging.

Neither Nvidia nor xAI owns those chips on paper. Valor, the shell company holds legal title. That means $5.4 billion in GPU assets do not show up on Nvidia's balance sheet as inventory.

They do not show up on xAI's balance sheet as assets. They are legally invisible to both companies.

Nvidia gets to book the $5.4 billion as a completed sale and record it as revenue. xAI gets full use of the chips without owning them. And the risk disappears into a shell company in the middle.

Now here is where American retirees enter the picture.

Valor needed $3.5 billion in debt to fund this structure. Apollo provided it. Apollo is one of the largest asset managers on earth with $1.03 trillion under management and $834 billion specifically in private credit.

Apollo raised the $3.5 billion, packaged it into debt securities, and sold those securities to Athene.

Athene is Apollo's own insurance company. It sells fixed and indexed annuities, retirement savings products, to ordinary Americans.

When a retiree buys an Athene annuity, they believe their money is sitting in safe, stable investments. That money is now inside a structure funding Elon Musk's AI data center.

The numbers inside Athene are most alarming.

Athene holds $74.2 billion in reserves. It has moved $217 billion in assets into a captive insurer based in Bermuda, meaning those assets sit outside normal US insurance regulation and oversight.

Of the entire portfolio, 34.7%, equal to $103 billion, is classified as Level 3 assets.

Level 3 is an accounting classification that means there is no observable market price for these assets. No outside party can independently verify what they are actually worth.

The leverage sitting on top of those unpriced assets is 16 times.

Burry's says:
Every step of this structure is technically legal and publicly disclosed. But the entire thing was deliberately engineered across 8 to 12 steps to move credit risk off balance sheets and away from any market pricing.

- Nvidia books the revenue.
- Apollo collects the fees.
- xAI gets the computing power.
- And retirees sitting at the bottom of a 16x leveraged Bermuda insurance structure, holding $103 billion in assets with no market price carry the risk without knowing it exists.