Retail investors are taking short sellers to the cleaners at least for now, and Elon Musk is enjoying it all. As he’s enjoying it, suddenly, we find out the DoJ is probing SpaceX.
The Tesla CEO has been sparring with Wall Street bears for years. This week, he has leveraged Twitter TWTR -2.02% to help fuel the populist frenzy over GameStop Corp. GME 67.87% and other companies to stick it to the short sellers once more, the Wall Street Journal reported.
“Here come the shorty apologists. Give them no respect. Get Shorty,” Mr. Musk tweeted Thursday to his more than 40 million followers.
On Wednesday, GameStop shares more than doubled after Mr. Musk tweeted “Gamestonk!!” the previous afternoon, linking to the popular Reddit forum WallStreetBets. Stonk is a play on the word “stock.”
THEN CAME THE FEDS
Coincidentally, today, we learn that the Department of Justice is investigating Elon Musk’s SpaceX after it was accused of discriminating against non-U.S. citizens in its hiring process.
Court documents reveal that a non-U.S. citizen filed a complaint at the DOJ’s Immigrant and Employee Rights (IER) division alleging that Musk’s aerospace company discriminated against him based on his citizenship status, CNBC reported.
One non-US citizen? And that brings in the Feds who can’t find a coup whipping around them?
Is he illegal?
“The charge alleges that on or about March 10, 2020, during the Charging Party’s interview for the position of Technology Strategy Associate, SpaceX made inquiries about his citizenship status and ultimately failed to hire him for the position because he...
Read More HERE
4 comments:
And also, suddenly, the news comes out that the FAA is investigating Space-X for a failed test launch - last December.
https://www.theverge.com/2021/1/29/22256657/spacex-launch-violation-explosive-starship-faa-investigation-elon-musk
They keep this up, and Elon is going to move his company to Mars. Let them try to f*ck with him from there.
A guy with a strong arm could probably throw a football from their Texas Starship facilities into Mexico. He could probably move everything out of the US, but then he'd being paying protection money to the drug cartels instead of uncle Sam.
The thing is, the US government imposes those US citizen requirements for anyone that touches hardware they're contracting. He's just doing what they ask.
Not that the US Fed.gov ever tried to be logical and consistent.
Hey gotta get more chinese and other foreigners in there to steal our technology and kick back to "The Big Guy"
Post a Comment