Of bad stock into your 401k. The YouTuber Patrick Boyle has a detailed video on the subject.
Basically SpaceX is going to be valued at 1.5 trillion. However it is impossible for it to reach that valuation in the real world.
SpaceX already has all the launch customers that can possibly get even under the best case scenario. And in unfavorable administration would almost certainly start looking for alternatives because Elon meddled in a war.
So the only possible growth sector for SpaceX is launching its own satellites, specifically the ones for internet.
But that's a dead end too because there aren't enough customers who can afford high-speed internet and also do not have access to some form of landline based internet like cable or DSL
the only other growth sector would be AI bullshit but Elon has lost most of his engineers to other companies. SpaceX got this huge boost because Elon had a mystique and he was talking about going to Mars so a shitload of rocket engineers took lower pay than they could get in any other job and work longer hours to work for spacex. That isn't happening with elon's AI companies. So he can't compete and the stuff he's building is barely better than what you could build yourself and run off your own GPU.
Everybody knows this, at least everybody who is investing that kind of money, so in order to get the kind of money he wants he's doing a weird stock scheme that limits access to the stock in order to drive up the price. Basically a few insiders will get all the profit and it's going to leave a huge amount of worthless stock that needs to be sent somewhere.
Normally it would be dumped into public pensions but those have been maxed out with bad stock already. So we are 401K is going to get hammered.
This is just the largest of many scams that are going to loot your retirement and there's basically nothing you can do about it except vote for pro-consumer politicians who want to regulate Wall Street but that's going to be annoying people like Elizabeth Warren and AOC and Bernie Sanders and frankly people don't like them... And in politics likeability is basically everything now.
What I'm saying is that if you are retiring or even if you're just retired you're a fucked. You have money and somebody wants it and they're going to get it