Scamath Palihapitiya says he regrets pumping his SPAC on CNBC in 2021 and cashing out… then proceeds to pump his new SPAC
You can't make this shit up…
Virgin Galactic $SPCE is down 99.8% from 2021 https://t.co/aDrygZ5KVS pic.twitter.com/9scntxxaLS
— Financelot (@FinanceLancelot) July 15, 2026
Those CNBC segments were paid media to promote and dump after pump. Scamath has always been a fraud look at his full track record and circular talk. Virgin Galactic was a wonderful short long before Elon many space salesmen promised next year just like now. People forget how Branson pushed the same hype. You see a scam when promoters regret then immediately repeat on same channel.
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