this post was submitted on 31 May 2026
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Chapotraphouse

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Sounds bad? RIP retirement? (hexbear.net)
submitted 2 weeks ago by SorosFootSoldier@hexbear.net to c/chapotraphouse@hexbear.net
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hahaha jokes on you I have no money for retirement anyway

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[–] PKMKII@hexbear.net 7 points 2 weeks ago* (last edited 2 weeks ago)

Edit: TLDR it is a way to force all these retirement and hedge funds to dump a bunch of money into SpaceX shares and be a bag holder after the share price almost immediately spikes as they buy it, and then deflates afterward.

So it’s a pump and dump but instead of using hype and fomo to lure the bag holders, Elon is bribing the indices to passively make index funds the bag holders.