I was looking at this a while back, and I don't think insiders can sell for a while yet, but I think this really has been a gift to short sellers.

In the end, I didn't end up buying into the IPO because it seemed overpriced, and while I do like the idea of some of the business (Starlink) I don't understand why it's got to come with a fucking social network of all things.

New racism based trade economy?

Not really. I've never been to a shareholder meeting and never will. I buy stocks to turn a profit from dividends and appreciation not to get a chance to micromanage the company.

He got what he wanted: going down as the world's first trillionaire.

Don't be sad, I shorted it but didn't put waaaay enough money into that endeavour to make me rich.

I mean this market didn't just stay irrational for five years past due, it's still wildly irrational.

Because it was the only way for the Nazi Elon Musk to effectively launder money and glaze over his repeated failures in a way which still preserves his wealth.

If it's like Tesla stock, it will behave completely irrationally. Though, I guess most of the stock market is irrational now.

We're talking about a business led by the richest person in the world who has already made it entirely clear he can buy his way to anything he desires. 30% is a tidy sum, I'd lock it in and call it a day.

It will not, not permanently.