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.

Anonymous wrote:

Anonymous wrote:Add OpenAI and Anthropic - those 3 are going to suck the oxygen out of the public markets. Plus the looming oil crisis if Iran doesn’t wrap up the next month or so. I’m calling a big crash in August or September. Still investing as usual but the signs are all lining up. If the stock market crashes and stays down, the top 5-10% who have single-handedly been keeping the economy afloat via astronomical equities gains since COVID will finally be unable to keep doing so.

So you're all in on a short position?

These sort of response are so ignorant. It’s not feasible to short a stock because of asymmetric risk profile compared to going long; if you buy a stock and hold it, the most you can lose is the money you put in. With shorting there are margin fees, infinite loss potential, margin calls, and manipulation like short squeezes ala gme. It’s in no way equivalent to a yes/no bet.

Anonymous wrote:

Anonymous wrote:Elon is a fraud but there actual smart people working there that let him take credit.

The liberal hatred of Elon Musk is a sight to behold. And all because he freed twitter from them so they couldn't censor and deplatform people for talking about truthful things anymore.

Musk is a complicated figure for sure, I don't like a lot of what he says, but he is still one of the most accomplished men of our times. Tesla is probably the finest car ever built. His rocket returning to earth was staggering. History will remember him.

Anonymous wrote:Add OpenAI and Anthropic - those 3 are going to suck the oxygen out of the public markets. Plus the looming oil crisis if Iran doesn’t wrap up the next month or so. I’m calling a big crash in August or September. Still investing as usual but the signs are all lining up. If the stock market crashes and stays down, the top 5-10% who have single-handedly been keeping the economy afloat via astronomical equities gains since COVID will finally be unable to keep doing so.

So you're all in on a short position?

Anonymous wrote:

Anonymous wrote:Elon is a fraud but there actual smart people working there that let him take credit.

The liberal hatred of Elon Musk is a sight to behold. And all because he freed twitter from them so they couldn't censor and deplatform people for talking about truthful things anymore.

Musk is a complicated figure for sure, I don't like a lot of what he says, but he is still one of the most accomplished men of our times. Tesla is probably the finest car ever built. His rocket returning to earth was staggering. History will remember him.

Teslas are the least reliable cars and have door handles that kill people.

Anonymous wrote:Hope so!

Burn it all down! Freedom to the people!

Anonymous wrote:Elon is a fraud but there actual smart people working there that let him take credit.

The liberal hatred of Elon Musk is a sight to behold. And all because he freed twitter from them so they couldn't censor and deplatform people for talking about truthful things anymore.

Musk is a complicated figure for sure, I don't like a lot of what he says, but he is still one of the most accomplished men of our times. Tesla is probably the finest car ever built. His rocket returning to earth was staggering. History will remember him.

Elon is a fraud but there actual smart people working there that let him take credit.

This is a house built on sand.

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

The bots are out in force today. Little man in a dark room with many screens. Enjoy your soda.

Continued liberal derangement is amusing and sad to watch.

As near as I can tell, all the AI companies are losing gobs of money every day. We also are in an AI stock bubble that eventually will burst.

The space part of SpaceX’s business is profitable. The AI part assuredly is not.

Hope so!

Add OpenAI and Anthropic - those 3 are going to suck the oxygen out of the public markets. Plus the looming oil crisis if Iran doesn’t wrap up the next month or so. I’m calling a big crash in August or September. Still investing as usual but the signs are all lining up. If the stock market crashes and stays down, the top 5-10% who have single-handedly been keeping the economy afloat via astronomical equities gains since COVID will finally be unable to keep doing so.

It’s Possible That SpaceX Could Collapse Spectacularly

Elon Musk's SpaceX IPO is a mere week away, with the space company aiming to raise a whopping $75 billion at an astronomical valuation of $1.78 trillion.

The company's top priority has historically been to get humanity settled on Mars, making it an interplanetary species. But now Musk has unexpectedly merged it with his AI startup xAI to focus on space-based data centers, an extremely costly and potentially fruitless distraction. The majority of the post-merger company's expenses are now tied up in burning cash for xAI — leaving SpaceX, which had already been burning through billions of dollars each year itself, in an even more precarious position.

With those more-than-lofty ambitions come some tough questions. Perhaps most glaringly, the Financial Times' Richard Waters asks in a new piece, is whether SpaceX will be able to justify its unprecedented valuation five or ten years from now.

Even for Musk, it's an aggressive price-to-earnings ratio that could blow up in his face if investors start to lose faith. The conversation surrounding plans for shorting SpaceX is hitting a fever pitch, setting the stage for what could be a wild stock market ride.

Adding to the drama is that now that SpaceX has transformed into an AI company, analysts are becoming antsy that the massive IPO, alongside OpenAI and Anthropic's, could place even more strain on an already bloated Wall Street. Could its stock market debut be the straw that broke the camel's back, bursting the bubble by dissipating all of that pent-up excitement?

If Musk's EV maker Tesla is anything to go by, SpaceX's business fundamentals likely won't be a major factor. Tesla's sky-high valuation has long been propped up by promises of a humanoid robot and autonomous driving-filled future, while the company's actual revenue has lagged far behind.


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More:

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html