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On Tuesday, Elon Musk accused Jeff Bezos and his companies of using the legal system to slow SpaceX’s progress during a talk at the 2021 Code Conference. Just a few hours later, Amazon — which is working on a competing satellite-based internet project — sent The Verge an unsolicited 13-page list of lawsuits, government petitions, and other legal actions that SpaceX has taken over the years
Yup I have it on in the background, glad that he's being called out for what he is...........though CNBC is still trying to paint the narrative that the sky is falling and big investors are bailing out of TSLAChamath getting hit by the truth hammer on cnbc atm.
According to NASA’s Carver, the old boys were actively blocking SpaceX at the time from having a fair chance of just bidding on contracts and such.Amazon sent us a 13-page PDF to prove Elon Musk is as litigious as Jeff Bezos
Implying that Musk and SpaceX are being hypocritical.www.theverge.com
Yup I have it on in the background, glad that he's being called out for what he is...........though CNBC is still trying to paint the narrative that the sky is falling and big investors are bailing out of TSLA
Perhaps he never had the intention of owning their stocks? I thought he had convertible Tesla bonds? Weren't they converted to stocks on him?I don't get the 100% liquidation though. That seems quite jerkish even if you can 10x somewhere else.
Elon keeps stating hes first in, last out. I imagine this would stoke his motivation even further.
I consider this a short by Chamath even though it technically isn't - especially with all the pumping he did at the start of the year.
I don't get the 100% liquidation though. That seems quite jerkish even if you can 10x somewhere else.
Elon keeps stating hes first in, last out. I imagine this would stoke his motivation even further.
I consider this a short by Chamath even though it technically isn't - especially with all the pumping he did at the start of the year.
Most of these are Tesla filing petitions countering other petitions which impact SpaceX.Amazon sent us a 13-page PDF to prove Elon Musk is as litigious as Jeff Bezos
Implying that Musk and SpaceX are being hypocritical.www.theverge.com
I really want something crazy to happen like a stock split announcement or something to wreck these people trying to spreading lies and FUDYup I have it on in the background, glad that he's being called out for what he is...........though CNBC is still trying to paint the narrative that the sky is falling and big investors are bailing out of TSLA
Did Chamath have any losses on his spac? Seems based on the questioning from Cnbc, he was compensated in free stocks as a payment instead of fees.Chamath strikes me as the type of person that definitely uses leverage with his investments....and probably to a extreme level.
There's little doubt in my mind that he was using his TSLA position as leverage to stretch himself into other investments. In Q1 when speculative stocks, stocks with high P/E's, and especially SPACS rolled over and plummeted, I suspect Chamath had to liquidate his TSLA position to cover the losses.
Karma will be Chamath watching TSLA explode higher over the next 3-6 months while he sits on the sidelines with major FOMO
Lol, MMs be like:
Seven-Eighty, oh how I disclaim thee...
Cheers!
I really want something crazy to happen like a stock split announcement or something to wreck these people trying to spreading lies and FUD
Did Chamath have any losses on his spac? Seems based on the questioning from Cnbc, he was compensated in free stocks as a payment instead of fees.
Being around 780 going into Friday is flying way too close to the sun for comfort if you're the MM's. If some funds or whales decide they want to get in, in a big way, before Q3 numbers are out over the weekend, the stock could shoot up well past 800.
There won't be another split for a while but don't worry, Elon is the short slayer.I really want something crazy to happen like a stock split announcement or something to wreck these people trying to spreading lies and FUD
He should have just gone all in on Tesla.I'll have to dig around, but I thought there were a couple SPAC's he was involved in that he couldn't sell out in time before they crumbled. It's not the fact that he didn't lose money on the SPAC's, it's that my assumption is that he was counting on making a killing on the SPAC's that would then cover his leverage he was using for his other investments.
So for example, he's on margin and using options to leverage himself back in Q1 and he's doing it with speculative stocks, stock's with high P/E's, etc......which would mean he lost a ton of money. If he was counting on making huge returns on his SPAC's but they crumbled before he could sell out, then his only option to cover those losses in his other positions is to liquidate his biggest positions, which odds are was TSLA. This is just speculation by me though based on the dynamics of the market back in Q1/Q2.