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[quote=Anonymous][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]

I think your analysis of what's decent/is not decent is good. But you can't argue the stock price on fundamentals. It has nothing to do with fundamentals. It's all Elon hype. It might not nosedive after the lock-up but that's because Elon is pretty darn good at hyping his businesses and because there's a segment of the markets now (btc, spcx, etc) that is divorced from fundamentals. If you want to value and trade Apple, you look at the fundamentals. If you want to value and trade a Musk company, you look at how well he's hyping it up and how much people are taking it in. Then you take a bite and get the heck out. The trillion dollar revenue by 2030 was a nice touch. [/quote]

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