Rudro Chakrabarti
Rudro Chakrabarti

Rudro Chakrabarti

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LATEST

Fidelity is among the 5 brokers preparing to launch Elon Musk's historic SpaceX IPO

News Jun 08

Fidelity's SpaceX 'flipping' rule sounds harsh — but at 15 days it's a shorter lock than Robinhood or SoFi

SpaceX named five brokers as direct routes to its IPO, and Fidelity sets the shortest selling window of them all — 15 days. Here's how they all stack up.

Fidelity Investments building alongside Elon Musk.

News 47159 views

Fidelity slashed its SpaceX minimum to $2,000 for retail investors — but the fine print can ban you from IPOs for life

Selling in the first 15 calendar days makes you a 'flipper,' and further strikes escalate to a permanent ban tied to your SSN.

Elon Musk's SpaceX IPO is set to make history as the largest IPO.

News 25792 views

SpaceX IPO could hit popular index funds — and your 401(k) — in as little as 5 trading days as indexes relax their rules

The fastest path doesn't run through the Nasdaq fund everyone's watching — analysts say a plain total-market fund in millions of retirement accounts could be positioned to buy within a week of the IPO. And SpaceX lost $4.9 billion last year. Here's what it means for the money you've already invested.

Trump and IBM

News May 31

Trump praised IBM's 'legend' CEO, government floated a $1B quantum award — is the stock still a 'very nice price'?

At a December White House roundtable, Trump called IBM's chief 'a legend' and praised the stock's 'very nice price.' Months later his administration floated a proposed $1B quantum award and shares popped 13% in a week to a record. Here's where analysts see it going — and the warning sign buried in the deal.

A photo of the 2026 Blue Origin Rocket explosion and Elon Musk

News May 31

'Rockets are hard': Elon Musk responds to Jeff Bezos' rocket explosion as his own SpaceX glides to a $1.8T IPO

Blue Origin's New Glenn rocket exploded during a hot-fire test, and Elon Musk had some thoughts about it as SpaceX heads toward what could be the biggest IPO yet.

U.S. President Donald Trump looks on during a cabinet meeting in the Cabinet Room of the White House

News May 31

Dell exploded 255% since Trump told Americans to 'buy a Dell' — and his account held it before a $9.7B Pentagon deal

Trump's comments on Dell have drawn criticism. Yet the company has also been a major beneficiary of the AI boom.

A photo of Nancy Pelosi

News 17467 views

Nancy Pelosi caught heat for $59M in trades over 3 years. Trump just disclosed up to $750M in 3 months.

Nancy Pelosi disclosed about $59 million in trades over three years, which inspired a Senate bill bearing her name. But President Donald Trump disclosed up to $750 million in three months and only paid a $200 fine.

Ana Julia Ayala (L), an immigrant from El Salvador, waits for her son to depart a naturalization ceremony

News 24230 views

Trump's green card crackdown could force 1M 'aliens' out of the US — but 75 countries have no working consulate

A six-page memo from U.S. Citizenship and Immigration Services is rewriting the playbook for the most common pathway to a green card in America.

Trump, RFK Jr., Dr. Oz

News May 23

'Poisoning American kids': Big Tobacco gave Trump PAC $5 million — and 5 days later, the FDA cleared flavored vapes

Reynolds American subsidiary sent $5 million check to MAGA Inc. Days later, flavored vapes clear FDA approval.

A photo of Donald Trump wearing a yellow tie

News May 18

Trump's 25% cut on Nvidia chips sold to China backfired — Beijing won't approve a single H200 purchase, costs Huang $30B

Donald Trump says Beijing has refused to approve purchases of Nvidia's H200 AI chips "they want to develop their own."

Eric Trump at Trump National Doral Miami

News May 17

Eric Trump says family assets invested in 'broad market indexes' — Trump's own disclosure lists 3,642 individual trades

New federal filings show the president executed thousands of stock transactions in the first three months of 2026 — including purchases whose timing critics say coincided with his administration's regulatory decisions.

A photo of speaker Mike Johnson

Investing May 17

Mike Johnson says lawmakers' $174K+ salaries haven't kept up with inflation — they need stock trading for support

A year-old clip of the Speaker resurfaced this week — the same day ethics filings revealed President Trump's Q1 stock trades. A bipartisan discharge petition to ban congressional stock trading sits stalled.

Tommi Mejer and Ed Ashman

News May 10

Mom warned about son's e-bike before US veteran killed in crash — now she faces jail. The e-motor laws and costs to know

Prosecutors say the 14-year-old was doing wheelies when he struck Ed Ashman, a Vietnam veteran.

President Donald Trump and Dell CEO Michael Dell at the White House.

News May 10

Dell family gave $6.25B to 'Trump Accounts' in December. Now Trump says 'buy a Dell' — and the stock soared 13%

This isn't the first time a social media post or public comment by the president has moved a company's stock in 2026.

IRS Building

News May 03

IRS watchdog warns millions could be owed pandemic refunds — but the deadline is closing fast. Do this now to check

Millions of individuals, small businesses and corporations could be eligible — Meta and Western Digital have already filed.

Former employee allegedly ringing up refunds.

News May 02

Texas man allegedly rang up 800 mac & cheese trays at Chick-fil-A that fired him — refunding $80K before he was caught

Police say he allegedly rang up roughly 800 mac & cheese trays on the register and refunded every one of them to his personal credit cards.

MGM sign, lobster buffet.

News Apr 28

MGM Grand is killing its 33-year-old buffet on May 31 — leaving just 7 on the Strip. Is the era of cheap Vegas over?

Longtime staples on the strip, buffets are falling out of favor with operators.

Woman rushing out to check damage.

News Apr 26

Florida woman's Silverado rolled over a $250K Lambo at Crunch Fitness — a known safety risk could've ended it worse

Dashcam footage shows the woman coming out of the truck and holding her head in her hands.

Trump shrugs

News Apr 25

Trump's tariffs cost families $1,700 on average — corporations are getting a $166B refund. Where are your tariff checks?

Taxpayers could be footing the bill for up to $650 million in interest for every month the refunds aren't processed.

Katelyn Fugate was caught off guard when her son's savings account was forfeit.

News Apr 20

Expert issues warning over US bank accounts sitting idle: Money can now be turned over to state. Secure your money ASAP

Katelyn Fugate opened a small savings account for her young son, then went to add to it years later — only to find it empty. Here's what happened.

Ilhan Omar files amendment.

News Apr 19

‘Not a millionaire’: Ilhan Omar blames accounting error as reported net worth plunges from up to $30M to as low as $18K

The Minnesota Democrat’s amended congressional disclosure now values her household assets between $18,004 and $95,000 — down from as much as $30 million.

Jarelle Augustine allegedly swapped LEGO sets with pasta.

News Apr 18

California man allegedly swapped LEGO bricks for dry pasta, returned 70 boxes to Target for $34K in refunds

Irvine police say 28-year-old Jarrelle Augustine poured dried semolina into empty $400 Star Wars and Marvel boxes to mimic the rattle of bricks — then walked them back to the return counter. He's one of many cashing in on a booming LEGO resale market where retired sets outperform gold.

Worker at an Amazon fulfillment center.

News Apr 15

Amazon worker dies on warehouse floor in Oregon. Workers were told to keep going as body stayed put

Amazon said misinformation was circulating about the incident and offered Moneywise a different account.

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