Captive Cutting

Super Good Genius Woodworker and CNC designer

[Captive Cutting @CaptiveCutting]

You got to know when to hold em Know when to fold em Know when to walk away and when to run You never count your money while you're sitting at the table They'll be time enough for counting when the deal is done....

[Champagne Joshi @JoshWalkos]

Pro tip: Go underarm throw. 😂

[Captive Cutting @CaptiveCutting]

@BULLReturns you called it well

[Peter Grandich @PeterGrandich]

The Markets, Bitcoin, and Character in Politics https://t.co/EoR9UPznHL

[Felix Prehn 🐶 @felixprehn]

The Exact Date of Next Stock Market Crash

[Captive Cutting @CaptiveCutting]

@omro1975 You still holding eft...from back in the day..?...I personally don't see life changing gains...unless #glo does something

[Felix Prehn 🐶 @felixprehn]

Leaked: Last EASY Wealth Opportunity in 2026

[Magnetic Norse @MagneticNorse]

In this scene, a young man begins exploring his white male privilege

[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.

[Bruce @bruce_barrett]

I don’t want to hear about my carbon footprint ever again. https://t.co/cs8t9619dx

[Felix Prehn 🐶 @felixprehn]

This is Bigger Than Palantir $PLTR & Nvidia $NVDA. These 5 Stocks Win the Next AI Boom

[Redacted @RedactedNews]

WARNING: The bond market is screaming. Japan is wobbling, U.S. rates are surging, consumers are breaking, and Wall Street is pretending everything is fine because a few tech giants are holding up the illusion.

[Felix Prehn 🐶 @felixprehn]

Leaked: Trump’s $100 BILLION Defense Stock - The Opportunity of a Lifetime!?

[Henrik Zeberg @HenrikZeberg]

The Bubble of 2026 looks worse than any other Previous Bubble.

[Felix Prehn 🐶 @felixprehn]

The first space stock I'm looking at is Redwire Corp (RDW).

They build the boring, essential parts that go into spacecraft: solar arrays, antennas, sensors.

Every space company needs them, and 60% of their sales are from government.

And their chart is setting up nicely:

[Felix Prehn 🐶 @felixprehn]

Intelligence sources say Cuba has lined up 300 attack drones within range of US soil.

The US is now wide open to a drone strike, so Trump is about to fund defense companies that can build the protection against it.

8 stocks I believe positioned to win those contracts:🧵

[Felix Prehn 🐶 @felixprehn]

Stock 4: L3Harris (LHX)

They make the sensors that spot drones before they even get off the ground.

Earnings just beat, margins are improving, the business is turning into cash.

It pulled back hard, so I'd wait for it to firm up.

The early-warning play.

[Lawrence McDonald @Convertbond]

S&P 500, Nasdaq 100: The larger passive investing becomes the more and more and MORE game-able it becomes.

[Lawrence McDonald @Convertbond]

Exit Financing: They want to dump these shares into your 401k (S&P 500):

Valuation

SpaceX: $1.5T
Anthropic: $1.1T
OpenAI: $852B

Combined total today: $3.5T

One year ago

SpaceX: $400B
Anthropic: $61.B
OpenAI: $300B

Combined total: $762B

https://t.co/Yqcs2SObXS

[Financelot @FinanceLancelot]

They changed the entire rules of the stock market specifically for Elon Musk's SpaceX IPO...

This is what they aren't telling you... and how it could cause the greatest collapse we've ever seen.

[Alex (Sasha) Krainer @NakedHedgie]

What's the point of all the busywork? Economic growth is not the same thing as building prosperity.