Trump’s day so far:
• A federal judge temporarily blocked his plan to create a $1.8 billion slush fund for January 6 rioters
• A federal judge ordered Trump’s name removed from the Kennedy Center and halted plans to close the venue for two years.
• A federal judge reopened Trump’s $10 billion IRS lawsuit and ordered an investigation into “grievous allegations” that a rushed settlement was “premised on deception.”
Multiple musicians have pulled out of Trump’s Freedom 250 concert
And it’s not even 7 p.m. yet.
So much winning.
Hide the ketchup!!!
Megyn Kelly, who endorsed and campaigned for Trump in the 2024 election:
“I didn’t expect the corruption to be quite as widespread as it has been. The self-dealing, the lining of his and his family’s pockets. It’s shocking… You look across the board at the Trump family, I’ve never seen a family get so rich off the presidency.”
Donald Trump ran for office for three reasons:
1) stay out of jail
2) exact revenge on his enemies
3) line his pockets
Everything else he says is bullshit.
In 2025 Elon Musk joked about DOGE “accidentally” cutting Ebola prevention funding. They never reinstated the program and now it’s spreading like wild fire through Africa.
There are 1,000 suspected cases, 100+ deaths, 8 countries on high alert.
Ebola is not contagious in the way Covid-19 is, it’s highly avoidable with proper precaution and equipment - which was cut off by Musk.
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.