• 🌸𝓯𝓵𝓸𝔀𝓮𝓻🌸@sh.itjust.works
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      5 hours ago

      Meanwhile musk is racing to do his huge IPO to suck up all investor cash before Altman can get to it. They’re all trying to cash in before the bubble pops, so the damage will be done and it’ll be painful.

    • msage@programming.dev
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      8 hours ago

      Lol, are you poor or something?

      There is so much money sucked into that black hole, that it needs to siphon it from the retirement funds and poors investments.

      Banks are not going to be holding the bag, my friend.

      • Onno (VK6FLAB)@lemmy.radio
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        7 hours ago

        I want to make sure that the schmucks who financed this abomination in the first place pay dearly for it, rather than fleecing the subsequent hapless small investors and the rest of society who don’t understand and will buy into the hype.

        • greyscale@lemmy.grey.ooo
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          6 hours ago

          The IPO means they’ll be listed in things like the S&P 500 which means they’ll get automatic investment from our pension funds and the like.

          Someone needs to do the needful.