Is the SpaceX IPO a Wealth Transfer? Plus: Your Electric Bill Since ChatGPT.
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Is the SpaceX IPO a Wealth Transfer? Plus: Your Electric Bill Since ChatGPT.
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Your 401k is about to become exit liquidity for SpaceX insiders — and your electric bill is already 19% higher since ChatGPT launched. Democratic strategist Kobi Tirey and anonymous Wall Street banker Bill break down the SpaceX IPO, what Tesla’s valuation actually means, and the inflation data nobody’s framing correctly: strip out energy and prices are fine. Put energy back in and you can see exactly who’s responsible.
Also: why is Jeff Bezos suddenly so friendly with Trump? We have a theory.
Plus a look at the electricity price chart that should be front-page news — 30% up in five years from a boring utility, and it’s only going higher.
Is It Bad for the Economy? is the podcast where a Democratic strategist and an anonymous Wall Street insider agree on more than you’d expect.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit kobitirey.substack.com