Reply to Is SpaceX really worth $1.75 Trillion?

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Reply to "Is SpaceX really worth $1.75 Trillion?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It is beyond me why investors continue to pay up for Elon’s undeliverables. [/quote]

What exactly is he not delivering on?[/quote]

He continually strings investors along with happy talk, sometimes pushing out promised deliverables by years. Meanwhile, competition catches up. No one believes that Tesla has any meaningful advantage in electric cars, so now Musk is pivoting. He’s now ramping talk on robots, but while he talks about the future, others are actually producing robots. His space stuff is at the mercy of federal government contracts, thus his insistence on installing his hand-picked guy as head of NASA. His AI is a piece of crap. Starlink might be the one gem, but, ironically, he doesn’t talk about it much. Basically, he hypes big projects with large addressable markets, but he produces stuff years late and at bad profit margins. The constant merging of his various companies is really a shell game — fold the losers into the winners. Everyone is already talking about how he’s going to fold Tesla into SpaceX. [/quote]

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