Day trading has serious risks, 1% of all daytraders are profitable over 5 years. 95% of investors are profitable over 20 years. You're probably not the 1% NFA
Again not really my usual content but I’m a big enthusiast of this game and have a lot of good time with these fellas
If you’re looking to get started in probably the most ambitious game ever created, got a lot of people who can help ya out
Just don’t bug me about the market all day long if you do!
#starcitizen #gaming
https://t.co/Tq3sar2Wmd
70x forward revenue. That's what SpaceX wants the market to pay at its $1.75 trillion IPO, ~50% above the most expensive stock in the entire S&P 500.
The current record holder, $PLTR, trades at about 47x. SpaceX is asking for a premium on top of the richest multiple in the index.
The catch is growth. Palantir's revenue is projected to grow ~47% a year over the next three years. SpaceX sits closer to 15%, almost three times slower. So the pitch is 1.5x the priciest multiple in America for a third of the growth rate.
This is incredible, SpaceX early investors will be able to sell 20% of $SPCX shares after the Q2 earnings report on June 30th.
There's also a performance-based trigger where investors can sell an additional 10% of stock if the stock trades 30% above IPO price for 5 days after earnings June 30th.
The lockup structure also allows investors to sell in increments of 7% after 70, 90, 105, 120 and 135 days after IPO. The remainder unlocks after 180 days.
This one of the greatest wealth transfers I've ever seen from retail to early investors. No wonder they changed the rules to rush it into the indices after only 15 days (July 3rd).
When that happens, retirement funds and passive ETFs will be forced to buy SpaceX precisely when the unlocks hit and early investors are able to begin dumping their shares.
Is this the most corrupt IPO in history?
🚨 INDIA MAY HAVE JUST WITNESSED ONE OF ITS BIGGEST ACCOUNTING FRAUDS EVER.
SEBI alleges that Rajesh Exports, one of India's most well known gold companies and a Fortune Global 500 firm, faked $158 billion in revenue, 99.8% of everything it ever claimed to earn over the last 5 years.
Rajesh Exports owns a Swiss gold refiner called Valcambi SA through overseas subsidiaries.
The parent company booked the full value of refined gold as its own revenue, even though it never owned the gold. It only held it temporarily for refining on behalf of customers.
Valcambi's own audited financials show it generated less than 0.5% of what Rajesh Exports was claiming as group revenue.
When SEBI asked for subsidiary financial records, Rajesh Exports repeatedly refused, citing Swiss privacy laws. SEBI is legally authorised under those same laws to request the records.
SEBI also found $1.3 billion in recorded transactions with a firm called Affluence Shares and Stocks.
Affluence told SEBI directly that Rajesh Exports was never its client, no agreement existed, and no trades were ever executed.
SEBI alleged those entries were fabricated to match gold derivative trades the owner was running through his personal account using company funds transferred without board approval.
Owner Rajesh Mehta has been banned from all securities market activity and a forensic audit has been ordered.
LIC, India's largest state insurer, owns 10.8% of the company.
The company has denied all charges and plans to contest the order.
SHOCKER: S&P 500 will NOT fast track SpaceX. So it will take AT LEAST a year, probably more. This is wild considering every other big boy index is 5-15 days. This could create significant return dispersion bt 'passive' indexes. Choose wisely.
HOLY. FUCKING. SHIT.
You know those terrifying charts that show how "right now" looks sorta like some scary time in the past? Well, this one is a fucking doozy.
The blue line below is the most recent 67 days. The red line is statistically the single most similar 67 day period in stock market history...early Summer 1929. I shit you fucking not.
And you're thinking..."hey, we still have time until it peaked back then." Sure do. And when does that 1929 peak correspond to 2026?
How about *exactly* July OpEx (7/17/26).
HELP ME, ODDSTATS. I'M SCARED AND I DON'T KNOW WHAT TO DO.
Panic. That's what. Freak the absolute fuck out and sell everything. Buy as many puts as you can.
Be afraid, be very afraid.
They're heeee-ere.
Just when you thought it was safe to go back into the water.
You'll believe an elephant can fly.
But seriously, remember that as scary as this is, 1929 was very different from today. Only men were allowed to trade stocks then. Electricity and the female orgasm hadn't even been invented yet.
We'll probably be fine this time. Maybe.
BREAKING: The S&P 500 ETF, $VOO, has officially become the first ETF in history to surpass $1 trillion in assets under management (AUM).
$VOO has attracted +$69 billion in total inflows so far in 2026, on track for the largest annual intake since the fund’s inception in 2010.
This follows +$118 billion and +$138 billion recorded in 2024 and 2025, respectively.
Since the 2022 bear market, this fund’s AUM has more than TRIPLED.
By comparison, the AUM of S&P 500 ETFs, $IVV and $SPY, rose to ~$860 billion and ~$785 billion, respectively.
To put this into perspective, global ETF AUM stood at $21.9 trillion at the end of April, more than 3 times the $6.4 trillion held at the start of 2020, following 83 consecutive monthly inflows.
ETF investing has never been more popular.