🔥 NOW: Robinhood CEO Vlad Tenev says "we are in the early innings of a global tokenization supercycle," one he believes will “eat the entire financial system."
Disney charges hundreds of dollars to see a fake castle and eat mid food at fine-dining prices.
@SpaceX lets you park next to the largest flying object in HUMAN HISTORY for free.
Choose wisely.
Elon just created 4,400 millionaires in a single day.
400 of them are now worth over $100 million.
These aren't VCs. They're SpaceX employees, and the list includes welders, technicians, and cafeteria staff, because for two decades the company paid every level of the workforce in stock instead of higher salaries.
Juan Hernandez immigrated from Mexico and took a $28 an hour contractor welding job in 2015. He says he didn't even know what SpaceX was. The company gave him a $10,000 equity grant and let him buy more shares through payroll deductions. That stake is now worth $880,000.
Trevor Hise's parents wanted him to take a stable job at General Electric. He picked SpaceX instead, stayed 12 years, and accumulated over 100,000 shares. At the $135 listing price that's $13.5 million. He's 37 and semiretired. His words: "The magnitude of this has been ridiculous."
The most telling detail came before the listing. Over 100 employees quietly banded together and negotiated a group wealth management deal covering up to $5 billion, because none of them had ever needed a wealth manager before.
Software IPOs have minted millionaires for 30 years. This is the first one where the money went to the factory floor.
A man working as a welder at SpaceX for $28 an hour has just become a millionaire.
Juan Hernandez, who came from Mexico, welded rockets for SpaceX at $28 an hour.
SpaceX gave him $10,000 in stock when he went full time in 2015, and he bought more with every paycheck for 10 years.
$SPCX is now trading at $167, making his shares worth over $1 million.
Your chances of being born on each continent:
Asia: 49.69%
Africa: 34.87%
South America: 7.08%
Europe: 4.80%
North America: 3.04%
Australia/ Oceania: 0.52%
Antarctica: ~0%
Bitcoin had a death cross today.
Note that prior death crosses marked local lows in the market.
Of course, when the cycle is over, the death cross rally fails.
The time for Bitcoin to bounce if the cycle is not over would be starting within the next week.
If no bounce occurs within 1 week, probably another dump before a larger rally back to the 200D SMA which would then mark a macro lower high.
Trade the market you have, not the market you want.