Roger

[Roger @rgrfoss]

@Reuters https://t.co/z0fLoDwAdC

[Heidi @blockchainchick]

The SpaceX IPO is the most brazen retail fleecing in modern market history.

NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float.

Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not.

And what exactly are they buying?

Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously.

For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%.

SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September.

$1.75 trillion valuation. $80 billion raise. Largest IPO in history.

The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.

[Roger @rgrfoss]

@Reuters https://t.co/z0fLoDwAdC

[Heidi @blockchainchick]

The SpaceX IPO is the most brazen retail fleecing in modern market history.

NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float.

Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not.

And what exactly are they buying?

Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously.

For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%.

SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September.

$1.75 trillion valuation. $80 billion raise. Largest IPO in history.

The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.

[Roger @rgrfoss]

@Kalshi https://t.co/z0fLoDwAdC

[Heidi @blockchainchick]

The SpaceX IPO is the most brazen retail fleecing in modern market history.

NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float.

Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not.

And what exactly are they buying?

Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously.

For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%.

SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September.

$1.75 trillion valuation. $80 billion raise. Largest IPO in history.

The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.

[Roger @rgrfoss]

@Reuters https://t.co/z0fLoDwAdC

[Heidi @blockchainchick]

The SpaceX IPO is the most brazen retail fleecing in modern market history.

NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float.

Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not.

And what exactly are they buying?

Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously.

For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%.

SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September.

$1.75 trillion valuation. $80 billion raise. Largest IPO in history.

The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.

[Roger @rgrfoss]

@austin_rief https://t.co/z0fLoDwAdC

[Heidi @blockchainchick]

The SpaceX IPO is the most brazen retail fleecing in modern market history.

NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float.

Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not.

And what exactly are they buying?

Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously.

For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%.

SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September.

$1.75 trillion valuation. $80 billion raise. Largest IPO in history.

The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.

[Roger @rgrfoss]

@business https://t.co/z0fLoDwAdC

[Heidi @blockchainchick]

The SpaceX IPO is the most brazen retail fleecing in modern market history.

NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float.

Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not.

And what exactly are they buying?

Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously.

For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%.

SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September.

$1.75 trillion valuation. $80 billion raise. Largest IPO in history.

The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.

[Roger @rgrfoss]

@MartinShkreli @nikitabier @elonmusk https://t.co/eQL3dUOrnB

[Rexha 🐸 @RexhaRexhaRexha]

Polymarket’s CMO almost leaked insider info to Clavicular before noticing he was wearing a mic

"You have to understand bro...Oh hold on"

"You almost got me caught."

[Roger @rgrfoss]

@FT https://t.co/z0fLoDwAdC

[Heidi @blockchainchick]

The SpaceX IPO is the most brazen retail fleecing in modern market history.

NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float.

Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not.

And what exactly are they buying?

Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously.

For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%.

SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September.

$1.75 trillion valuation. $80 billion raise. Largest IPO in history.

The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.

[Roger @rgrfoss]

@Reuters https://t.co/z0fLoDwAdC

[Heidi @blockchainchick]

The SpaceX IPO is the most brazen retail fleecing in modern market history.

NASDAQ has REWRITTEN the index rules specifically for this listing. The 10% minimum free float requirement: gone. The 3 to 12 month seasoning period before index inclusion: cut to 15 trading days. Companies with small floats can now be weighted at 3x their actual float.

Translation: every passive index fund, every 401k, every pension is about to be force-fed SPCX whether they want it or not.

And what exactly are they buying?

Class A shares carrying ONE vote each, while Musk holds 93.6% of the Class B super voting shares at TEN votes each. That gives him 85.1% of voting power on a 42% economic interest. He cannot be outvoted. He cannot be removed. CEO, CTO and board chairman simultaneously.

For reference: Zuckerberg controls 61% of Meta. Buffett 35% of Berkshire. Musk: 85.1%.

SpaceX is also claiming "controlled company" status, exempting it from needing a majority of independent directors. Shareholders waive the right to a jury trial. They waive the right to class actions. Mandatory arbitration only, courtesy of an SEC rule change pushed through on a party line vote last September.

$1.75 trillion valuation. $80 billion raise. Largest IPO in history.

The rules of the game were quietly rewritten so one man could extract maximum capital from retail while answering to no one.

[Roger @rgrfoss]

@MarioNawfal Do people still use cursor? I used it a year ago, but now its much better alternatives. Its basically just vscodium + their code ontop. When i used it I found it slow and buggy

[Roger @rgrfoss]

@nytimes Do people still use cursor? I used it a year ago, but now its much better alternatives. Its basically just vscodium + their code ontop. When i used it I found it slow and buggy.

[Roger @rgrfoss]

@WSJ Do people still use cursor? I used it a year ago, but now its much better alternatives. Its basically just vscodium + their code ontop. When i used it I found it slow and buggy

[Roger @rgrfoss]

@RihardJarc @dwarkesh_sp Nvidia is a software company.

[Roger @rgrfoss]

@scaling01 Nvidia is a software company

[Roger @rgrfoss]

@jgebbia Politicians decided to ruin their own country to win elections? Incentives to import voters. But no point long term to win elections if u ruin ur own country

[Roger @rgrfoss]

@thdxr @gabrielstuff Opencode alert pops up saying update is available. I press update. Restart terminal and open opencode again, and it gives me same alert again that i need to update. Seems to be a bug

[Roger @rgrfoss]

@tunguz In the US its not regulation on gambling advertising it seems 😂Streamers promoting gambling to young kids. With a already fragile economy with people using credit cards, then add gambling and «prediction markets» ontop. 101 how to make fragile economy lol

[Roger @rgrfoss]

@tunguz One of the single most important energy arteries on Earth is closed & market saying hallelujah. lol

[Roger @rgrfoss]

@davidsenra @evanspiegel Snap insider selling: - CEO Evan Spiegel: Sold 5M shares in last 6 months ($40M). Most recent: 1M shares on April 8, 2026 at $5.04. Has sold $791M+ total over his career, never a single buy. - CTO Robert Murphy - CFO Derek Andersen - CBO Ajit Mohan - CAO Rebecca Morrow. The same

[Roger @rgrfoss]

Nvidia is a software company