But the most headline-making moment of the year is, arguably, Space Exploration Technologies (SpaceX) (SPCX -0.36%) going public on June 12. Yesterday, Aug. 4, SpaceX hit its latest milestone: its first quarterly earnings report as a public company. In my view, it'll mark the start of the greatest fleecing of retail investors we've ever witnessed on Wall Street. Its lengthy registration statement (S-1) outlines a performance- and time-based schedule allowing early release-eligible insiders to sell some of their shares. Eligible insiders having the opportunity to cash out under these circumstances may kick-start the greatest wealth transfer (and fleecing) in Wall Street's history: from retail investors to corporate insiders.