It’s Possible That SpaceX Could Collapse Spectacularly

[Anonymous]

The stats in here are wild.

https://bsky.app/profile/maxkennerly.bsky.social/post/3mnws7voqyk2q

New shareholders putting up 48% of capital ever invested in SpaceX- in return for 4.2% of the company and no voting rights. Insanity.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:SpaceX is valued at 100 years of earning currently. That is crazy.

My mistake, not earnings, revenue! It’s not even turning much of a profit yet.

SpaceX makes money -- just not with AI added to it.

Actually, SpaceX reported a nearly $5 billion dollar loss last year. The only part that is profitable is Starlink. The rocket division, Xai, and X (twitter) all continue to lose billions. Yet somehow this company is being valued at more than $1.75 trillion, which would make it among the most valuable companies in the world - more than Meta, more than Saudi Aramco, more than Berkshire Hathaway. But SpaceX has yet to made a penny of profit.

[Anonymous]

No one should be investing in billionaire's companies. Let the stock tank and fail. Don't buy this crap!!
It's the only way the little people, some of whom are only millionaires can rid ourselves of these leaches.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Continued liberal derangement is amusing and sad to watch.

It has nothing to do with politics. SpaceX is an incredibly innovative engineering company. But Musk and the investment banks are burdening it with an absurd amount of financial engineering. To justify a 1.75 trillion dollar valuation SpaceX will need to grow by 60-fold in the next five years alone. And Musk is dumping some serious money losers like Xai into the SpaceX IPO. Xai lost more than 6 billion last year alone. Everyone knows this is all a house of cards. SpaceX, Anthropic, and OpenAI are being priced at more than 3 trillion dollars. That's nuts. When the AI bubble pops, it's going to be spectacular.

That's scary now that you put it that way. I'm OUT. Thank you for the info. I've lived thru too many crashes including 1987. When the market turns, it can be on a dime.

Yep.

Think about this:

- Palantir's trailing price/sales ratio (a measure of revenue vs. stock price) is ~65x - highest in the S&P 500
- NVIDIA's is ~20x, which is on the high end of the range for similar big tech companies.
- SPCX's implied P/S ratio is ~100x+

BUT! Palantir and NVIDIA are wildly profitable. SPCX, is not.

So SPCX will have a P/S ratio that is 50% higher than Palantir and 5 times that of NVIDIA. With no profit. There are no fundamentals, it is a pyramid scheme.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Continued liberal derangement is amusing and sad to watch.

It has nothing to do with politics. SpaceX is an incredibly innovative engineering company. But Musk and the investment banks are burdening it with an absurd amount of financial engineering. To justify a 1.75 trillion dollar valuation SpaceX will need to grow by 60-fold in the next five years alone. And Musk is dumping some serious money losers like Xai into the SpaceX IPO. Xai lost more than 6 billion last year alone. Everyone knows this is all a house of cards. SpaceX, Anthropic, and OpenAI are being priced at more than 3 trillion dollars. That's nuts. When the AI bubble pops, it's going to be spectacular.

That's scary now that you put it that way. I'm OUT. Thank you for the info. I've lived thru too many crashes including 1987. When the market turns, it can be on a dime.

Yep.

Think about this:

- Palantir's trailing price/sales ratio (a measure of revenue vs. stock price) is ~65x - highest in the S&P 500
- NVIDIA's is ~20x, which is on the high end of the range for similar big tech companies.
- SPCX's implied P/S ratio is ~100x+

BUT! Palantir and NVIDIA are wildly profitable. SPCX, is not.

So SPCX will have a P/S ratio that is 50% higher than Palantir and 5 times that of NVIDIA. With no profit. There are no fundamentals, it is a pyramid scheme.

The trickle down effects could be devastating - huge implosion in the stock market; NASA has placed a huge bet that Starship will work soon in order to land Astronauts on the moon by the end of 2028. That is already in significant doubt because of the progress of the tech, but the SPCX IPO (and the rollup that led to it) could imperil the Artemis program. Bigly.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Continued liberal derangement is amusing and sad to watch.

It has nothing to do with politics. SpaceX is an incredibly innovative engineering company. But Musk and the investment banks are burdening it with an absurd amount of financial engineering. To justify a 1.75 trillion dollar valuation SpaceX will need to grow by 60-fold in the next five years alone. And Musk is dumping some serious money losers like Xai into the SpaceX IPO. Xai lost more than 6 billion last year alone. Everyone knows this is all a house of cards. SpaceX, Anthropic, and OpenAI are being priced at more than 3 trillion dollars. That's nuts. When the AI bubble pops, it's going to be spectacular.

That's scary now that you put it that way. I'm OUT. Thank you for the info. I've lived thru too many crashes including 1987. When the market turns, it can be on a dime.

Yep.

Think about this:

- Palantir's trailing price/sales ratio (a measure of revenue vs. stock price) is ~65x - highest in the S&P 500
- NVIDIA's is ~20x, which is on the high end of the range for similar big tech companies.
- SPCX's implied P/S ratio is ~100x+

BUT! Palantir and NVIDIA are wildly profitable. SPCX, is not.

So SPCX will have a P/S ratio that is 50% higher than Palantir and 5 times that of NVIDIA. With no profit. There are no fundamentals, it is a pyramid scheme.

The trickle down effects could be devastating - huge implosion in the stock market; NASA has placed a huge bet that Starship will work soon in order to land Astronauts on the moon by the end of 2028. That is already in significant doubt because of the progress of the tech, but the SPCX IPO (and the rollup that led to it) could imperil the Artemis program. Bigly.

Also remember that this administration resorts to communism when big companies start failing. Expect huge bailouts, competitors nationalized, and sudden bank investments forced by presidential extortion.

[Anonymous]

I need to decide by tonight for confirming to buy shares in the IPO. Advice please. Should I buy a few shares or skip it? I have very little cash as it is tied up in to other stocks.

[Anonymous]

Who knows pp. I am a small investor ($7-8 mil range) and am passing it.

[Anonymous]

The admin just "exchanged" with SpaceX hundreds of acres of national wildlife in texas. I hope the IPO burns spectacularly and people riot.

[Anonymous]

Anonymous wrote:The admin just "exchanged" with SpaceX hundreds of acres of national wildlife in texas. I hope the IPO burns spectacularly and people riot.

Eff this corrupt administration. The most corrupt ever in US history. It is disgusting.