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Updates
From ‘Finfluencers’ to Nobel Laureates, More Market Watchers are Saying the Quiet Part Out Loud: SpaceX IPO Transfers Workers’ Wealth to the 1%
Amidst the hype dominating the news ahead of SpaceXs initial public offering (IPO) and the breathless coverage of Elon Musk’s ascension to trillionaire status following the IPO, there is also a growing chorus of market watchers — including influencers, financial analysts, and even Nobel laureates — questioning the company’s valuation and calling out the IPO’s…
AFR in the News
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Inequality: How to Protect Working People’s Nest Eggs from SpaceX Scam
Millions of working people keep their hard-earned money in low-cost index funds to secure a dignified retirement and meet other financial goals.
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Congresswoman Rashida Tlaib: Tlaib Introduces Bank Failure Accountability Act
“The public is hungry for wealthy executives to be held accountable for the harm their self-serving risk-taking has caused,” said Natalia Renta, Esq., Associate Director of Corporate Governance & Power, Americans for Financial Reform. “By setting aside a significant portion of pay that executives could lose in cases of failure of their financial institution or…
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Financial Times: Protesters gather outside JPMorgan headquarters over SpaceX debut
“We’re very concerned that in just a few trading days [SpaceX stock] is poised to end up in people’s 401ks,” said Natalia Renta, associate director for corporate governance and power at non-profit Americans for Financial Reform.