Trump-Elon Market Con BLOWN WIDE OPEN in BRUTAL EXPOSÉ
June 19, 2026
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18:16Now PlayingTrump-Elon Market Con BLOWN WIDE OPEN in BRUTAL EXPOSÉ
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as posted by the channelMax from @UNFTR rips apart the SpaceX IPO to reveal why this company exists and the dangers it presents to Wall Street and our democracy. SpaceX is built on the premise that it will be the biggest and best AI company in the world with soaring revenues and a market cap the size of the US GDP. Fascinating claims considering it’s currently last in the AI race by a mile, is wildly unprofitable on anemic revenues and is making promises about technology that literally doesn’t exist. Even worse, it admits all of it.
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EPISODE RESOURCES
Washington Post: "$38 billion in government contracts, loans, subsidies, and tax credits"
Morningstar: SpaceX fair value estimate of $780 billion
SpaceX S-1 Prospectus: TAM claims, risk disclosures, revenue figures
UNFTR Deep Dive on SpaceX IPO financials
The New YorkerMusk and AI
The Guardian / Washington Post: Musk visa reporting
News Bed by Premium Beat ID# GEEC7LPRJUTIUZRG
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