The SpaceX IPO Fraud: Truly Out of This World.
Unf*cking The Republic
UNFTR Media
4.8 • 761 Ratings
🗓️ 11 June 2026
⏱️ 20 minutes
🧾️ Download transcript
Summary
This episode of UNFTR is an exclusive deep dive into the SpaceX IPO prospectus. It reveals what might be the biggest fraud and money grab in the public markets ever. The baseless $1.77 trillion dollar valuation at a list price of $135 at auction stands to add hundreds of billions of dollars to Elon Musk’s net worth, and that’s not the most outrageous part about this. The company currently loses billions of dollars every year, admits freely that most of the anticipated revenue streams are either currently illegal, highly unethical or perhaps non-existent. But hey, it’s Elon. What’s the worst that can happen? Believe it or not, there’s a lot more at risk here than just one company tanking after an outrageously overhyped IPO. And the average American investor with a 401(k) or IRA is very much an unwitting participant in the scam.
Resources
Bloomberg: SpaceX IPO Is Well Oversubscribed With Orders Closing Wednesday
New York Times: How Banks Are Using SpaceX to Woo the Superrich
SEC: SpaceX Form S-1
CNBC: SpaceX’s market-moving potential: Here’s what to know
More Perfect Union: We Uncovered a Hidden Wealth Transfer in the SpaceX IPO. You’re Holding the Bag.
UNFTR Resources
Video: SpaceX IPO: What They're Not Telling Retail Investors
Essay: The SpaceX IPO Fraud.
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Transcript
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| 0:00.0 | This is the story of a political pundit who looked at the world around him and just said, fuck it. |
| 0:07.7 | Gives the middle finger to authority and says, kiss my ass. |
| 0:11.6 | But instead of a revolution, he started a podcast. |
| 0:15.4 | Just what the world needs. |
| 0:17.6 | Started a podcast. |
| 0:19.0 | Another basic white guy who started a podcast. |
| 0:22.6 | But it's fun because he curses. |
| 0:24.6 | All through the podcast. |
| 0:26.6 | On the fucking the republic. |
| 0:28.6 | With his motherfucking podcast. |
| 0:29.6 | Podcast. |
| 0:30.6 | I got super carried away reading the SpaceX IPO prospectus, something that I don't think |
| 0:43.3 | enough people are doing. Because guess what? If you have a 401k or an IRA, there's a good chance that |
| 0:49.6 | you're about to own a sliver of the biggest pile of dog shit ever to hit the market. And a pile so big, |
| 0:55.6 | by the way, it could alter the entire mechanics of the stock market. And in fact, it already |
| 1:00.9 | has. So because of the magnitude of this event, I decided to dedicate the entire episode this |
| 1:06.6 | week to SpaceX. I dug deep into the prospectus and some of the most recent news surrounding |
| 1:11.8 | the IPO to finally piece together the extent of the massive fraud that's about to take place |
| 1:18.1 | on the NASDAQ this Friday. I thought it was just best to pour my energy into what very well might |
| 1:23.0 | be the IPO that changes the stock market forever. |
| 1:39.1 | In 2021, Donald Trump merged his cash-hemaging truth social into a blank-check spec and took it public. |
| 1:42.0 | We covered it at the time, and it was absurd. |
... |
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