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Reply to "Calling all SpaceX Millionaires!"
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[quote=Anonymous]SpaceX is made of 3 businesses, and 1 does well (Starlink) and I think has a good future. The second (space for hire, like to NASA) does pretty well and also they have shown this has really good potential. The bulk of their losses are from the AI/X (Twitter) portion, mostly because AI takes huge resources and capital costs. I think they should split it off if it's not working out. The other businesses are decent. THat's why I dont' thikn the stock will nosedive once the lock-up period is over. For example, who's going to compete wtih Starlink? They have thousands of satellites up already. As for those who became very wealthy, they generally worked hard, and also chose to take options in lieu of a higher salary. The IPO was not guaranteed.. it was talked about for years. More power to them.[/quote]
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