Politics
Galloway Predicts Trump to Inject $10 Billion Into Midterm Elections
Raging Moderates
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"I believe the fix is in, and that is Donald Trump agreed to figure out a way to lessen or put pressure on the SEC chairman or the NASDAQ 100 to include SpaceX early in the NASDAQ 100, thereby creating a ton of artificial demand for those shares. And if the stock went up 10 or 20% more than it would organically, that for him, he owns, I think, 40% of the company. So what is that? That's like an increase in wealth of $100 to $160 billion for him. And why wouldn't he say to him, 'You know how I was able to influence the election with $250 million? What if I put $10 billion into the midterms?'"
Galloway alleges Trump orchestrated a scheme to manipulate SpaceX's NASDAQ 100 inclusion to artificially inflate his wealth by up to $160 billion, which he predicts will be deployed to influence the midterm elections. The claim suggests coordination between Trump and financial regulators to create demand for SpaceX shares, leveraging his 40% ownership stake. This represents an unprecedented level of personal wealth weaponization in American electoral politics.
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Raging Moderates