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Jun 14
The "Futiure" dear guest on EU squawkbox last night, will unfortunately be up to a few individual eg Eon Must, Bezzo of Amazon, Jensen Hwng of Nvidia, who along with Musk, will decide who will geto continue living on good old comfy Planet Earth, or be shipped ot Mars as promised to Musk the 1 million colonist if he did somethig at SpcX, and or ot Luna Dr #1 on the Moon, or Botany Bay as in Aussie Underland's Wrath of Khan film shot locale with Cpt Kirk Spock and Doc Mccoy Star trek move saga seires. Where do you think you will be ???😅📷📷l unfortunately be up to a few individual eg Eon Must, Bezzo of Amazon, Jensen Hwng of Nvidia, who along with Musk, will decide who will geto continue living on good old comfy Planet Earth, or be shipped ot Mars as promised to Musk the 1 million colonist if he did somethig at SpcX, and or ot Luna Dr #1 on the Moon, or Botany Bay as in Aussie Underland's Wrath of Khan film shot locale with Cpt Kirk Spock and Doc Mccoy Star trek move saga seires. Where do you think you will be ???😅📷📷
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Replying to @CliffordAsness
Remember morning meetings on the Squawkbox? Now picture all the Dem grifters on a Zoom call receiving their talking points!
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Gramps is off his Meds again…
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What has happened to Dougie Katz?
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What on Earth is this idiot going to retire? Kernan needs to get the hell out
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Amen brother. At the end of the day, political advocates, like Kernen, are just plain boring.
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Having Joe and others allows access to politicos. And everyone that appears has an agenda. It’s ‘viewership debate’ & not absolute. It has been like this a long time, just rawer today. ‘Snippet Bloomberg’ in the morning is designed to play in the background
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now that doofus kernen is brown nosing the idiot energy secretary about the wonders of burning coal. cnbs has become. state tv
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Everything is political… why is Fin TV spending so much time in the first place debating political questions anyway? Not why we tune in for…
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ARS is JK all garbage and nothing valuable from either party
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Matt Brown retweeted
This "debate" on @squawkbox is what is wrong with Fin TV. Arguing the same political dogma (from both sides of the pew) serves no purpose for viewers. @joesquawk political opinions (geared to an audience of one) are well known - why repeat his predictable narrative almost daily? The same applies to Democratic dogma. Generally the best ideas are hammered out on the anvil of debate, disagreement and discourse. Except on Fin TV when participants yell at each other, don't listen to each other and repeat their narratives over and over again. Why waste viewers' time? Why set such a poor example? @squawkbox @MelissaLeeCNBC @andrewrsorkin @beckyquick @guyadami @peterboockvar @WhitneyTilson
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Countdown to SpaceX Debut * Full of sound and fury, signifying nothing... reminding me of the 'Yada Yada Yada' episode on Seinfeld: youtube.com/watch?v=O6kRgnfs… I am going to keep tabs on the non informative interviews on Fin TV with talking heads on the SpaceX IPO. #1 Guy at Morningstar on @squawkbox saying a bunch of general, irrelevant and obtuse comments. He quickly shifts to a macroeconomic discussion 'cause he realizes his knowledge of SpaceX is miles long but only inches deep. I am watching... Yada Yada Yada. @tomkeene @ferrotv @lisaabramowicz1 @business @annmarie @SquawkCNBC @cnbcfastmoney @HalftimeReport @guyadami @TheJudgeCNBC @carlquintanilla @saraeisen @sully @peterboockvar @WhitneyTilson @gnoble79 @KeithMcCullough @SamofAmerica @RPKent @HedgeyeDJ @convertbond @guyadami @andrewrsorkin @beckyquick

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@TheStreetPro Some Advice on the SpaceX IPO From The Oracle of Omaha * This morning SpaceX launches a $75 billion initial public offering, valuing the company at nearly $1.8 trillion * Discussions of the IPO today will consume the business media as guests deliver plenty of hype and similar/redundant "talking points" but provide little substance - full of sound and fury but signifying nothing... Over history Warren Buffett has expressed skepticism about initial public offerings. To Warren it was unlikely that the best bargain was a brand new IPO that is heavily marketed and carries ridiculously high commissions. Perhaps Warren Buffett's most famous quote regarding IPOs revolves around the notion that an IPO is priced at a time of the seller's choosing while being actively promoted by both insiders (to maximize their profits) and by Wall Street (who exist to sell products): "An IPO is like a negotiated transaction – the seller chooses when to come public – and it's unlikely to be a time that's favorable to you." He compared IPOs to buying lottery tickets, saying: "People win lotteries every day... You don't want to get into a stupid game just because it's available." He further said: "The idea that a newly issued security (IPO)—brought to market at a time of the seller's choosing and surrounded by massive hype—is the single best bargain among thousands of global businesses is absolute nonsense. When an offering carries a ridiculous 7% commission just to incentivize salespeople, it simply cannot be the most attractive investment available. While people easily get caught up in the excitement of a new launch, look at the reality: you have thousands of existing public companies whose prices are set by a natural auction market, free from aggressive promotion or hidden fees. It makes no sense to buy a security precisely when an insider decides the timing is perfect to sell. Frankly, it isn't worth spending five seconds thinking about IPOs." Here are some of my specific views of the SpaceX IPO (hint: we are avoiding the offering and currently considering shorting the shares on strength in the aftermarket): Dougie Kass on X: "I continue to watch the superficial discussions of the SpaceX IPO. The one, conducted now on @cnbc, is laughable. The moderator asked a legit question as how to value the deal which was totally sidestepped by the guest (who probably never read the registration statement). No" / X SPCX IPO: Doug Kass Values SpaceX At A Discount Of Nearly 50% — 'We Currently Plan To Short The Stock' benzinga.com/analyst-stock-r… Finally, from my Daily Diary on Wednesday: Well Go On and Read It… The SpaceX Prospectus — Thierry from arvy 🇨🇭 (@ThierryBorgeat)This is how you price an IPO. You don't sell what a company is. You sell what it could become. SpaceX wrote the most ambitious "could become" in SEC history. The filing claims a total addressable market of $28.5 trillion. Larger than the entire GDP of the United States. The… twitter.com/thierryborgeat/s… twitter.com/ThierryBorgeat/s… Thierry from arvy 🇨🇭 @ThierryBorgeat This is how you price an IPO. You don't sell what a company is. You sell what it could become. SpaceX wrote the most ambitious "could become" in SEC history. The filing claims a total addressable market of $28.5 trillion. Larger than the entire GDP of the United States. The Show more Thierry from arvy 🇨🇭 @ThierryBorgeat This week, the largest IPO in human history begins trading. SpaceX. Ticker SPCX. $135 a share. $75 billion raised. A $1.75 trillion valuation. The old record, Saudi Aramco in 2019, raised $29 billion. SpaceX more than doubles it. A view from Switzerland: $1.75 trillion is more BY Doug Kass · Jun 10, 2026, 7:15 AM EDT None @guyadami @squawkbox @beckyquick @andrewrsorkin @cnbcfastmoney @HalftimeReport @TheJudgeCNBC @WhitneyTilson @peterboockvar @Convertbond @jimcramer @tomkeene @annmarie @ferrotv @lisaabramowicz1 @business @SullyCNBC @saraeisen
This week, the largest IPO in human history begins trading. SpaceX. Ticker SPCX. $135 a share. $75 billion raised. A $1.75 trillion valuation. The old record, Saudi Aramco in 2019, raised $29 billion. SpaceX more than doubles it. A view from Switzerland: $1.75 trillion is more than seven Nestlés. The most respected company in our country, founded in 1866, fits into this rocket maker about seven times. On day one. Nestlé earns $11 billion in profit a year, like clockwork. SpaceX lost almost $5 billion last year. One is a cash machine the market values at one-seventh of the dream. The other is the dream.
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Jun 11
Replying to @eugyppius1
I guess the term squawkbox has been taken. I'll see myself to hell, thanks.
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S. Hashmi retweeted
Guest on @squawkbox "we are of the firm view that stocks follow earnings." That is the consensus/herd view. But it might be "first level thinking" not "second level thinking." Because under the hood earnings are being buoyed by double and triple ordering, non recurring investment gains and aggressive accounting? While inflation is accelerating and rates are likely to be higher for longer. And valuations remain in the 97% tile and the equity risk premium is now at a discount (!) - historically a poor springboard for future returns @KellyCNBC @joesquawk @andrewrsorkin @tomkeene @lisaabramowicz1 @ferrotv @annmarie @cnbcfastmoney @HalftimeReport @TheJudgeCNBC @carlquintanilla @SullyCNBC @saraeisen @peterboockvar @guyadami @gnoble79 @KeithMcCullough @SamofAmerica @RPKent @HedgeyeDJ @convertbond
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