90% of SpaceXs assets are in AI Datacenters that are running grok, I wouldn’t call that any good stuff, even in terms of AI. Apart from that they grifted a lot of money from the US government to produce rockets that are worse than what NASA could have delivered with the money.
The only “good” thing spaceX made is Starlink, which has about 12 million subscribers and brings in a revenue of 11 billion each year, with about 4 billion in profits. That’s nothing compared to big network companies.
Initial price was $135. Then it climbed to $210ish. Now $185.
Pretty regular stuff for a new IPO meme stock. Don’t go on the ride if you don’t like the speed.
There is literally nothing but hope behind the valuation. Same as Tesla. Just dreams and hopes.
Both Tesla and SpaceX has produced a lot of stuff, some of it pretty good. But yeah, their stock price are bit out there.
90% of SpaceXs assets are in AI Datacenters that are running grok, I wouldn’t call that any good stuff, even in terms of AI. Apart from that they grifted a lot of money from the US government to produce rockets that are worse than what NASA could have delivered with the money.
The only “good” thing spaceX made is Starlink, which has about 12 million subscribers and brings in a revenue of 11 billion each year, with about 4 billion in profits. That’s nothing compared to big network companies.
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Stock prices shouldn’t be volatile based on tweets lol
Why not?
(gestures at headline)
That’s not true, it’s betting on American corruption…which is a pretty good bet.
Yup.
I, like you, am expecting this to be a monumental failure, but this shit’s normal.