Elon Musk devised the world’s biggest Ponzi scheme — and forced Americans to buy in

Friends,

This week, on their first day of trading on the Nasdaq-100 stock index, SpaceX’s shares dropped 6.8% to $149.47. That’s above their IPO price of $135, but down from a peak above $200, and below the $150 price where shares began trading on June 12.

SpaceX’s decline disappointed investors who wagered that inclusion in major indexes would provide continue reading …