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More Perfect Union

More Perfect Union

3,670,000 subscribers

👁 1,675,697 views

We Uncovered a Hidden Wealth Transfer in the SpaceX IPO. You're Holding the Bag.

Video Overview & Insights

Submit your feedback to the S&P about this rule change at this link by tomorrow May 28:

Pyramid scheme.

— @thuraya53

https://www.spglobal.com/spdji/en/governance/consultations/mr4292/

Elon Musk wants a SpaceX IPO valuing the company at upwards of $1.75 trillion.

MPU doesn't need money, so ignore its fundraiser. Its income comes from billionaire oligarchs and the intelligence linked foundations that are used to capture what passes for the left in the US. Ford Foundation, Soros, Omidyar, etc.. The creation of a synthetic left has been capitalism's most ingenious and sinister defence.

— @Kuntlip

To get there, he got the rules changed so that index funds, with millions of Americans' retirement savings, are forced to buy in.

Retirees could take huge losses, while insiders cash out.

The stock market IS GOING TO CRASH NOW! This Ai bs, data centers all of it is a scheme to get your money from 401 k's etc....theyll raise prices then do a dump on regular citizens and were all screwed!!!!

— @mikejackson7881

Credits:

Producer: Eric Gardner

Elon Musk killed millions of children. Elon Musk has and will cause the death of millions of children and others by ignorant slashing of USAID. Elon Musk also stole our private taxpayer information that we are forced to share with the IRS. Elon Musk Stole our personal data and information.

— @jansean2497

Editor: Eric Schuman

Motion Graphics: Gerald Lane

What can everyone do to sue them ?? Class Lawsuits??? Count me in

— @ciaociaopoppy3750

Videographers: Jack Davis, Mariessa Smith, Evan Smith

Video Production Manager: Isabel Atalaya

Fraud !!!!!

— @ciaociaopoppy3750

Video Production Coordinator: Jodi Clemens

Video Production Fellow: Astrid Dong

Narration sounds like a generic CHATGPT bot. Authenticity is lost.. Just like AI investments, ironically.

— @kimhunter2

Supervising Producer: Sam Quigley

-----

Space is fukn fake

— @vieshanblacksloft426

More Perfect Union is an Emmy-winning, nonprofit newsroom whose mission is to build power for working people. Here’s what that means: We report on the real struggles and challenges of the working class from a working-class perspective. We attempt to connect those problems to potential solutions. We report on the abuses and wrongdoing of corporate power. And we seek to hold accountable the ultra-rich who have too much power over America’s political and economic systems.

To support our independent journalism, subscribe, donate, and follow our other pages through the links below:

Your sick.

— @AngeloJamaica

- Help fund our reporting: https://secure.actblue.com/donate/mpu-splash

- Substack: https://substack.perfectunion.us/

Great explanation

— @adamsmith3040

- TikTok: https://www.tiktok.com/@moreperfectunion

- Twitter: https://twitter.com/MorePerfectUS

Palantir, SpaceX, BlackRock—they are all building a new reality for the people of Earth. It’s not about money; it’s about global power.

— @dlyakykol

- Bluesky: https://bsky.app/profile/moreperfectunion.bsky.social

- Facebook: https://www.facebook.com/MorePerfectUS

The system increasingly benefits the rich and powerful at the expense of everyday people. Sickening.

— @cynthialester8348

- Instagram: https://www.instagram.com/perfectunion/

- Threads: https://www.threads.net/@perfectunion

Thank you! 🫡

— @bhuvanmishra13

- Website: https://www.perfectunion.us

Elon Musk is a criminal. What else is there to talk about. Arrest him now

— @OIPARHON2

More User Perspectives

@

Fugazi

@nabilawlliet
@

In gambling, the house usually controls the rules.

@witchspotting
@

The greed of the stock market and nasdaq and the people who manipulate both are going to bring the United States down, they’ve almost done it several times and every time they get bailed out but that also dilutes the value of the money used to bail them out and eventually it’ll be the end and when it happens most of the people who cause it will be in another country with all the money they made destroying millions upon millions of people’s lives

@ginarosetti7722
@

All billionaires need to be eliminated. No one should be a trillionaire. No one should be a billionaire.

@SavePlanet5753
@

Good Bye USA! At least you gave us a lot of good music before you went totally nutz!

@FoxMulder030
@

Musk should be prosecuted and jailed for his theft.

@billwooldridge8455
@

None of the richest people earned their money working on a salary. They figured out how to take everyone else's.

@Wukong4946
@

The IPO was a massive fraud. big shock.

@swapshots4427
@

They have spoiled my 60 year love of everything SPACE. Thankfully there are some exciting space things going on that do not include SpaceX.

@swapshots4427
@

what's sad is this literally happened.

@jollyarákùnrin
@

If world economy goes bust billionaires go first they are rich only on paper.

@user-yl7xy8ut7n
@

You have to be impossibly dumb to buy shares. Its that simple, anyone who doesn't understand the very basics of who has all the wealth and how shares operate deserves what they get. This is mechanism invented by parasites for parasites, it was always about this, the stock market is a parasites club and anyone not invited is simply the fodder for it. If you havent figured out they can inflate deflate, create, destroy prices whenever they want, the fool is you. It was an OBVIOUS scam. One of many....bravo.

@MultiMyNickName
@

simply put, dont buy anything that as Musk´s touch on it

@WilliamTannure
@

Thats not even a priblem for you elon .... guy next to him said stfu were on camera. My husband got his first 401 k with Morgan stanley i read the fine print and hes going to back out and fins something more lucrative for him and not the company.

@elisamartinez3881
@

This video predicted our current crashed SPCX reality

@AllSunnyDaze
@

So just don't buy the stock. markets are frothy and this is a good time to raise capital- i don't see any problems here. The company will be worth 10+ trillion in years to come. but yes the IPO price will be a bad trading location as is often the case with marquise IPO's. if you're buying SpaceX, you should be thinking years & decades, not weeks and months. Also the remark that 'stock price is partially based on future expectations' is absurd. IT IS ALMOST EXCLUSIVELY BASED ON THAT. Politics is what have you done for me lately, Wall Street, is what will you do for me tomorrow? ClickBait journalism on this one guys. i've seen better from ya'll.

@jonathansilverman3442
@

"Index fund lines the pockets of ordinary people"? What is he talking about? An index fund is a way to basically transfer voting rights from the people who hold shares to the people who manage the funds. Large companies like VG hold so much voting power (transferred from their clients who bought their index funds) that they can basically force a company to lay-off thousands of people to line the pockets of .... wall street!

Anybody that has illusions in capitalist markets should reevaluate. Socialism or Barbarism - like Rosa Luxemburg said - are the only two options. And I'm not talking about faux social-democracy that some - like Mamdani or Sanders - who have a rather conciliatory attitude towards capitalism - promote.

@y-o9u3i
@

Elon and his meddling with the Federal government his fu<king doge saw to the destruction of our regulatory department! His scheme is now in motion in destroying our safty social net.

@alrestauro
@

So I didn't miss anything

@peterschoen7409
@

Go figure the richest people trying to steal from the middle or poor classes. It's disgusting. I'm so tired of it.

@katiekie5653
@

Тhеу had an amazing teacher (comrade putin) and overshadowed it ! ! !

@ИванСтоев-ж1ы
@

It’s Vegas, not an investment

@stevenpiehl6199
@

This is exactly part of the plan. I’ll explain…

@Woohoo-1122
@

Duh😂😂😂

@Mike-d8p8l
@

Swap from private entities in the market to bonds, its lesser of two evils because you invest in your government instead of some parasites pumping and dumping.

@jeremiahealy3657
@

Elon Musk is a real joker.
Played us as the Fools.

@patriciaeddy7629
@

SpaceX Just SOLD ALL THEIR SHARES So They Can CASH OUT and Have HUGE BANK ACC, Investers LEFT Holding The LOSS, They are THEIVES

@afterburner3999
@

remember the airplane game Ponzi scheme 500 seats first to board plane is the pilot next to get on plane passengers 1 sell a seat move up a seat get to pilot seat get off plane after next pilot seat comes up rinse wash go again soon the game crashed then passengers lose all money they paid in for a seat lmao

@alanharper584
@

This world is fucking evil and all of us regular people need to start giving a shit and stop acting like none of it affects us.

@TotalBlank
@

crooks all crooks

@alanharper584
@

Explicado a queda

@dazzdu.7715
@

Thanks for the info

@414forlife
@

The scam unfolds, 25% of IPO was 401k pension funds. Easy steal for rich private investors. Classic pump and dump.

@Idontwantahandle3
@

At this point it has become clear that the material world is not worried about how ethical you are or if you are a bad person, it only operates outside of that sphere according to specific laws of nature, those laws can be applied by unethical people. In light of that, we, as humans have the responsibilty to shut them down. We are the ones that hold the bad guys accountable, nature on it's own has a different operating system. For example fire doesn't care if you are good or bad, stick your hand in the fire and get burned. We will have to catch elon for the trump election rigging and we will have to topple his deceptions and manipulations. When trump goes, and he will, elon will still be around for a while and he will need to pay for this sort of conduct as well as a long list of other underhanded behavior. That trillion dolllars isn't going to help him at all, he's wrong about the entire purpose of life. He had potential, or at least I thought so years ago. I now realize he's a con man an exploiter and willing to do things that should land him in prison. Elon is not what you think, he's grossly overestimated and he's a scoundrel. That has consequences at some point. The trump fall will probably not be enough to teach elon, he will have to feel the full weight of his subterfuge. Cause and effect are laws as well and he has exceeded the limits. Watching him answer for it will be a reward to the rest of us. "The harder they come, the harder they fall, one and all"

@slingshotchicken4695
@

You don’t change a system’s safeguards to bail out wealthy investors who made bad bets, especially when the burden falls on the retirement savings of working people.

@abneybr
@

Wait, are you telling me that the US economic system in general is a Ponzi scheme? Who would've thought it!?!?!?!

@dijidal