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

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composite fell 1.2%. The S&P 500 dropped 0.4%. The Dow Jones Industrial Average slipped 0.2%.

But investors have been nervous about SpaceX for weeks. The rocket company started to veer off course with a report out on June 22 that, notwithstanding all the hoopla surrounding its IPO’s raising $85 billion in its first trading days, SpaceX wasn’t really continue reading …

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