Is SpaceX really worth $1.75 Trillion?

[Anonymous]

Anonymous wrote:Very funny how consistently most of this forum has been proven wrong.

what do you mean?

[Anonymous]

I'm sure this helped.

https://www.wsj.com/business/mining-tycoon-gina-rinehart-buys-over-1-billion-spacex-stake-d79ec3ba

[Anonymous]

Anonymous wrote:

Anonymous wrote:Very funny how consistently most of this forum has been proven wrong.

what do you mean?

Mostly the advice is sell low, buy high.

[Anonymous]

Musk is again hyping with his $1 trillion revenue by 2030 tweet. Why wasnt that in the SEC filing or in Goldman and Morgan Stanley forecast? Because its nonsense. Tesla is way behind on circa 2021 forecasts of 20 millon cars a year by 2026 and now the plan is converting car factories to humanoid robot factories to support a non existent sales pipeline. The first trillionaire on paper runs businesses with combined profit of less than 1% of market cap. They are all hype and unhinged from business fundamentals. Lets see if the quartery numbers consistently hit a ramp path to $1T annual revenue. That is a much harder ramp than going from $350B value to $1.75T value to $2.5T value on enthusiasm and what people will pay for shares on daily trade volumes based on hype tweets.

[Anonymous]

So SpaceX is worth more than Apple and the GDP of Canada? Uh..no.

[Anonymous]

Anonymous wrote:Musk is again hyping with his $1 trillion revenue by 2030 tweet. Why wasnt that in the SEC filing or in Goldman and Morgan Stanley forecast? Because its nonsense. Tesla is way behind on circa 2021 forecasts of 20 millon cars a year by 2026 and now the plan is converting car factories to humanoid robot factories to support a non existent sales pipeline. The first trillionaire on paper runs businesses with combined profit of less than 1% of market cap. They are all hype and unhinged from business fundamentals. Lets see if the quartery numbers consistently hit a ramp path to $1T annual revenue. That is a much harder ramp than going from $350B value to $1.75T value to $2.5T value on enthusiasm and what people will pay for shares on daily trade volumes based on hype tweets.

A lot of sour grapes on here. Hilarious to watch.

[Anonymous]

Down 5% today.

[Anonymous]

Anonymous wrote:All these huge upcoming IPOs (SpaceX, Anthropic, OpenAI), I think their valuations are in fantasyland and may be indicating a peak in the market. Retail is always the last to the party. Very similar circumstances to 1999. Thoughts?

No.

Independent analaysis suggest something closer to $55/60.

But this is a billionaire game and the grift collapse, when it hits in the Fall, will be brutal.

[Anonymous]

Anonymous wrote:Down 5% today.

Down another 5% today

[Anonymous]

Anonymous wrote:

Anonymous wrote:Down 5% today.

Down another 5% today

I’m the last person to be negative about tech or Elon’s companies or whatever but it’s pretty obvious this is going to continue going down given most of the liquidity is locked up. As those lock ups are released over the next year, we’ll see the valuation go down, unless he can keep it elevated with other all stock acquisitions like Cursor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Down 5% today.

Down another 5% today

I’m the last person to be negative about tech or Elon’s companies or whatever but it’s pretty obvious this is going to continue going down given most of the liquidity is locked up. As those lock ups are released over the next year, we’ll see the valuation go down, unless he can keep it elevated with other all stock acquisitions like Cursor.

So, another IPO where the public was only allowed to buy high before the value dropped?

[Anonymous]

SPCX now at its lowest point in its short history in the public market.

Congrats to everyone who bought the bag on the open market!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Down 5% today.

Down another 5% today

I’m the last person to be negative about tech or Elon’s companies or whatever but it’s pretty obvious this is going to continue going down given most of the liquidity is locked up. As those lock ups are released over the next year, we’ll see the valuation go down, unless he can keep it elevated with other all stock acquisitions like Cursor.

You seem to be ignoring how incredibly overvalued SpaceX is relative to even valuable operations like Cursor.

[Anonymous]

Anonymous wrote:
I'm sure this helped.

https://www.wsj.com/business/mining-tycoon-gina-rinehart-buys-over-1-billion-spacex-stake-d79ec3ba

Nepo baby who inherited her businesses and wealth from her father

[Anonymous]

Anonymous wrote:

Anonymous wrote:Down 5% today.

Down another 5% today

Down another 10% today