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SpaceX is a joke. The greatest bubble ever. Musk is absolutely fraud.
>>
>>62350123
and then you'll have stock niggers talking about how crypto is greater fool theory or something, in big 2026 kek
>>
>>62350141

Crypto is a deflationary asset hedge against the US Greenback

https://www.whitehouse.gov/presidential-actions/2025/03/establishment-of-the-strategic-bitcoin-reserve-and-united-states-digital-asset-stockpile/
>>
I don't think there's enough liquidity or greater fools out there anymore
SPCX is more likely than not to become a broken IPO
>>
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>>62350149
your "hedge" is down 50% over the last 8 months
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>>62350123
Profit please, not revenue.
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>>62350123
Heard the report that the FTC actually changed some rules to make it temporarily not illegal for Spacex to sell more stock than they are worth
>>
Beware SpaceX fudders, they don't want you to make it.
>>
>>62350171
>The house is engulfed in flames.jpg
Everything is fine.
>>
>>62350171
t. exit liquidity
>>
>>62350123
I don't disagree, but look at TSLA. Exact same situation.
So, uh, yeah.
>>
>>62350161
Walmart's profits are larger than SpaceX total revenue. And discussing SpaceX 'profits' would a be a bit vaccuumous.
The valuation - $1.8T - is just plucked from fat boys arsehole because Saudi Aramco, previous biggest (revenue $445B, profits $100B+), was $1.7T.
TrashX aren't in the same planetary system as a near $2T valuation.
>>
>>62350123
Now calculate the profits.

SpaceX is selling what nobody else is They have THE monopoly on space.
>>
>>62350209
It's been 3 years and Starship hasn't reached orbit yet
>>
>>62350209
What profits?
They spend all their revenue buying shitty Cyberfucks - at retail - from Tesla. You'll be able to see their car pounds full of the unwanted trash from Fucking Space soon. Fat fucking drug-addled 3-card Monty conman that Musk is.
>>
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>>62350196
Elon's cultists are already fully committed to Tesla stock, and then you're gonna add an even bigger market cap with SpaceX on top of that, where does the additional liquidity come from?
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Not buying anything shilled here out of principle. But since spaceX IPO is actually fudded, i don't know what to do.
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>>62350123
The big short 2is gonna be kino
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>>62350209
Not for much longer
>>
>>62350216
And there's the trillion dollar question. If Starship starts flying regularly and demonstrates rapid reuse, then SpaceX's valuation is fully justified and if anything far lower than it should be. But until that happens, the company is just vaporware.
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>>62350850
>If Starship starts flying regularly and demonstrates rapid reuse, then SpaceX's valuation is fully justified and if anything far lower than it should be.

What does this even mean? How would Starship "flying regularly and demonstrating rapid reuse" raise SpaceX's revenue from $18bn to $713bn? Everyone in the world who was going to use Starlink is now using it, SpaceX's revenue has barely moved for like 3 years now because it's fully capped out on who's willing to pay for it, and launching random weather satellites is a tiny endeavour generating a mere few million in profits. What exactly are you expecting Starship to start doing thats going to magically produce almost 100x the revenue that SpaceX currently receives? Are you expecting the Government to start giving them $1tn in contracts every single year out of nowhere? For what?
>>
walmart has no room for growth so its future value is capped, don't you retards understand what stock price actually measures or are you all low iq logic-cel incels who take their talking points from some youtube redpiller who thinks they are better businessmen than someone like musk because it's popular to hate him
>>
>>62350872
starlink has 10 million customers, they just went to india to get more, they have massive room for growth, stop thinking using the emotional logic of your local leftist femoid
>>
>>62350872
Starship, if it does what it says on the tin, enables fun things like viable orbital/Lunar military bases, asteroid mining, space hotels etc. Starships stands to make previously economically unviable industries, viable. Regarding Starlink, there's more room to grow there too wrt becoming a global mobile phone provider.
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>>62350123
that revenue number doesn't include the 26bil from datacenter rentals to Anthropic and Google
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>>62350904
>How exactly do you plan on them raising their revenue from $28bn to over $700bn to justify their valuation?
>stop thinking using the emotional logic of your local leftist femoid!

Not sure I'm the one who's investing based on emotions and not logic here lil gup, good luck buying SpaceX at 150 p/e though!
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>>62350731
lmao
>>
>>62350932
you asked how and i told you how, you can choose to ignore the reality of the explanation, it doesn't mean it's wrong my emotional friend
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>>62350181
>doesn't know there is a 1 year lockout
>>
>>62350904
Why would one buy Starlink in the most densely populated shithole?
>>
>>62350123
When do we short this scamx shitter?
>>
>>62350924
So they can't even make use of the data centers themselves?
And AI and data centers are a brutal commodity with very low natural switching costs.
>>
>>62350979
it doesn't matter if they don't, they still have massive room to grow from 10 to 1 or 8 billion, how they do it is irrelevant, stock prices measure that room to grow, the comparison with walmart is retarded since that particular industry is over saturated
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>>62350932
>meanwhile TSLA trades at 400 p/e
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>>62350976
only for musk
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>>62350997
they are doing both, they are going to be a vertically integrated company providing service on each level
and maybe AI data centers become a commodity at some point, but certainly they aren't that now during this hyper growth cycle
the long term plan is to be the ultra low cost provider for inference with data centers in orbit though
>>
>>62351071
Musk won't sell because he will need those shares to acquire TSLA via stock swap.
>>
>>62351088
he won't sell because he doesn't need to, but my point is that the 1 year lockup is wrong generally
its for specific insiders
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>>62350123
priced in, buy space x
>>
space X popped da bubble
>>
>>62351018
well yeah, tesla is a retarded scam buoyed by government corruption. their actual revenue is garbage. even so, its market cap is still much less than what they're pretending spacex's value is
>>
i offered for 69 shares worth, lmao
>>
>>62350171
Hold your own bags nigger
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>>62350881
>>62350904
>Saaaaaaar buy my bags you bloody bitch bastard
>>
>>62350155
Isn't the float 5x subscribed?
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>>62351086
>ultra low cost provider for inference with data centers in orbit though
>pets.com
i can see the 2035 memes about this
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>>62350917
Maybe 80 years from now.
>>
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>>62350123

You're underestimating the value of being able to tell people that you understand rocket science and the space industry in social settings, bro. That shit go crazy in the reddit crowd,
>>
>>62350224
Just here to say the whole internet hates your cat humor pictures by now and wants you to leave
>>
>>62350917
Starlink just had its license pulled in India because of what happened in Iran. It would not surprise me if soon Starlink is banned on almost the entire Asian continent. Starlink is a real-life Trojan horse.

Starship is first and foremost a LEO truck for Starlink payloads. The design was jury-rigged into a moon lander to meet a NASA contract. Other applications of Starship are highly speculative. A major problem in the design is that the "pez dispenser" cannot accommodate large payloads.
>>
>>62350123
Everything is just pump and dump fraud that is unpunished because nobody is in charge of the SEC who gives a shit
>>
>>62350872
It would effectively be the East Indian Company for access to infinite real estate
>>
>>62350924
Alphabet owns 5% of SpaceX, and is also a major investor in Anthropic. It's in Alphabet's interest to ensure deals like these are announced just before the IPO in order to hype it. They can just cancel the deals later.
>>
>>62353172
There's a ton of real estate in Antarctica, and barely any money is made providing access to it
>>
>>62353172
>infinite real estate
fucking where?
>>
>>62353187
That's because the only thing worth going there for is the environment/tourism. Oil underneath the surface? Good luck drilling through hundreds of meters of ice when the continent is in a continuous blizzard for half the year, same with minerals. Chile and Argentina tried establishing colonies in Antarctica during the 70s and they didn't go anywhere because there was nothing for them to do.
The moon is slightly different because the materials there can be far more cheaply launched into space, provided there's a city and infrastructure there to do it in the first place. It's the difference between building a port city and building a commune
>>
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>>62350917
Precious metal fags WILL kill themselves en masse the instant we start mining asteroids that each individually have more gold silver and platinum than has ever been mined on earth throughout history
>>
> he’s a fraud
Idiots buying into your persona does not make you a fraud.
Do i think he exaggerates his ideas/input in the engineering of his ventures and is fraudulent that way? Yes
But anyone who looked at his products and valued higher because they thought Elon was smart is simply retarded. Not scammed.
>>
>>62350872
I expect em to start landing on the moon dammit. Imagine SpaceX getting to declare ownership of the moon or Mars. You wanna go into space you're gonna need to be friends with Elon dammit so if anything its undervalued.
>>
>>62350181
How do I invest in Shirogane?
>>
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>>62350904
>they just went to india to get more
I actually rate Starlink as one of his less obviously scam ideas. But the numbers are still fake n gay. They make a 'profit' - the sole entity in SpaceX which does - as they get charged a token fee for launches that doesn't cover costs. The satellites also have a (relatively) short life and need constantly replaced, the service gets worse more users it has and the whole thing is an expensive argument against gravity. And entire countries can random ass legislate your ass out of existence.
>>
>>62353314
>But the numbers are still fake n gay.
Money is fake and gay. It's a DoW front.
>>
I canceled my request to buy.

Feeling the fomo.

I also exited all of my positions yesterday like a fucking scared bitch.
>>
>>62350850
>if
>if
>if
>if
>if
Try another word for once, we're tired of it.
>>
>>62350123
>I don't understand growth valuations
>>
>>62353189
spess
>>
>>62350123
Walmart is a store for poor and retarded people. Once we achieve AGI all those people will be genocided and Walmart will go out of business because they'll have no customers anymore.
>>
>>62350123
In fairness, the entire private sector basically relies on spacex to get their shit into space.
Amerikkka needs them to succeed else the Chinese becomes numba wan
>>
>>62350123
>muh revenue

who the fuck cares, what is walmarts PROFIT, and what is spacex potential profit 10 years from now

one is brick and mortar retail (the most shit business alive) with 1% margins, the other is the greatest technology company on earth
>>
>>62353487
that's not the fucking point
the point is that wallmart has reached its maximum size, there isn't anything new to be attempted or new sources of revenue that it will acquire or develop

I'm not saying spaceX will start shitting gold from asteroids
but the speculative idea is way higher on a fucking rocket company that operates spaceships
>>
>>62350881
Are you at all aware that some people buy stocks for income? Walmart has an incredibly stable stock price with a modest dividend. When the market eventually crashes, these "oversaturated" consumer staples stocks are very useful hedge.

It's just baffling the headspace of retards who've only invested during ZIRP
>>
>>62353725
your "dividend" stock doesn't even beat bonds
it's literally a midwit trap for retards
>>
>>62353044
Ah another r/unpopularopinion posterino! Have an updoot frienderino!!!
>>
>>62353304
Just masturbate furiously until your dick gets friction burn. Then when it heals you do the same thing with donnami.
>>
>>62350123
space is the final frontier
elon is a modern day christopher columbus
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>>62350123
There is nothing of value on the moon or on mars.
Nothing.
Their cores are dead, all the valuable metals sunk down long ago.
>but helium 3
People have been promising fusion is two weeks away since the 1930s, and every new project has always looked like "the big one".
It turns out its actually quite hard to miniaturize the sun, and probably beyond human capability for oh, i don't know, the next 3000 years.

So, satellites are the only business spaceX can really participate in, and it is not a great business in the age of fiber optic cables, and big sats are bought on loan, with rates going up bigly to control gigga inflation once the war danger is passed.

I can hear you typing, when you yolo your life savings on this pos, just don't come crying to me.
You were warned.
>>
>>62350196
SpaceX has a far stronger business model than Tesla. If not for the AI Shell game shenanigans, they would be profitable.
>>
>>62354451
am I supposed to care about FACTS ans LOGIC in the biggest IPO in history?
>>
>>62354463
lol it dumped below the offer price on Hyper

not exactly "bullish"
>>
>>62354473
hyper who? who cares
>>
>>62354451
b-b-but space datacenters and asteroid mining will surely make up for the extreme valuation r-r-r-right
>>
SPCE is the real 5x tomorrow. You will regret it if you don’t dump a couple thousands on it at open.
>>
>>62354506
people who think "space datacenters" are actually feasible deserve to lose all their money
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>>62353300
Oh yeah? Is that a very profitable thing to do is it? Going to the moon? Lots of money to be made there? With high margins on the revenue too? Hundreds of billions of dollars a year in profit to be raked out of the moon yeah? Or is SpaceX supposed to be valued at trillions of dollars because it "Does cool stuff that is like, really impressive!" How many impressive-units do I get per $?
>>
>>62354506
Asteroid mining is the real deal. Silver will go to ZERO!
>>
>>62354557
people don't know that "space" is not an addressable market
>>
>>62354561
yeah maybe in year 2700
>>
>>62350123
Walmart TAM = 920 Billion
SpaceX TAM = 25+ Trillion

Bam.
>>
>>62354584
of course you think that's their actual TAM, you're twelve
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>>62354598
Missed the IPO?
>>
>>62354584
What is 25+ trillion being based on exactly?
>>
>>62354613
ketamine fever dreams
>>
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>>62354603
>No no you don't get it! There's TRILLIONS of dollars out there on the moon! SpaceX can basically fly up there with their $400m exploding rocket that hasn't made it to orbit a single time after 4 years and hundreds of billions of dollars, and then start scooping all the moon money into their rocket to bring back! Think of all the precious and valuable things on the moon that will be economically worthwhile to bring back 10lbs at a time to earth!
>>
>>62354654
This but unironically.
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>>62350196
>but look at TSLA
TSLA fundamentals are way better than SpaceX
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>>62350731
Why does it look like a spacex design
>>
>>62350917
>>62353172
>>62353300
Starship can't reach the Moon (let alone Mars) without refueling in orbit. So an actual launch requires launching a refueling tanker, then multiple flights to put fuel in the tanker, then the actual flight that refuels from the tanker before it can reach the Moon. This does not account for refueling costs to land, relaunch from the Moon/Mars, and return to Earth.
>>
>>62350123
>fraud
fraud if someone buy it and lost money
now it just comedy
>>
>>62353222
>of course it would be too costly to drill through Antarctica
>building cities on the moon is a trillion dollar idea
You people are fucking insane



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