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BobAliceInATree a day ago

There's a reason why he's trying to reserve 30% of the IPO for retail investors.

hampowder a day ago | parent [-]

please elaborate

tcp_handshaker 21 hours ago | parent | next [-]

https://news.ycombinator.com/item?id=47606845

https://news.ycombinator.com/item?id=47613231

killingtime74 a day ago | parent | prev | next [-]

Bagholders

caminante a day ago | parent [-]

Doesn't seem right as plenty of institutionals get cooked.

He claims loyalty with long-term holders who trust him (read:less nagging and more license). I suspect it's also more convenient for his IR team to avoid worthless meetings with super shareholders.

Zigurd 18 hours ago | parent | prev | next [-]

Please hold this bag for me.

deeviant a day ago | parent | prev [-]

There are ~7 born per minute. 95% of them are retail investors.

If you want actual reason, it's because he uses it as a money battery, i.e. funding xAI and SPACE DATA CENTERS.