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toomuchtodo 12 hours ago

https://youtu.be/ag14Ao_xO4c

“We are selling to willing buyers at the current fair market price.”

theplumber 11 hours ago | parent [-]

It’s worse!It’s more like someone found a bug into a legacy system(index funds) and is not exploiting along with some corruption bending the rules. A good chunk of population more or less directly will just end up holding the bags because they just followed the advice to buy index funds because companies are required to float % percentage, be profitable or whatever , and now the rules changed for this special Elon operation

toomuchtodo 10 hours ago | parent [-]

Hacker found an exploit, and exploited it.