Elon betrayed us!!
>>539112725No invocation. China has the same tech now. Elon fucked all of us in the ass.
elon musk is a lolcow moron who tricked the dumbest people on Earth (americans and Indians) into believing he is a genius
>>539112725Didn't betray me. I didn't buy that shit.
>>539112725whole point is to gaslight people into thinking his space company is worth trillions of dollars, whilst in the small print saying it's his plan to build an AI company like open ai, and then print and selll loads of shares to raise money.pump and dump scheme.
>>539113062and then?
Major IPOs crash almost all the time when they go public because a lot of people sell their stock and get rich. You have to wait a couple months till it bottoms out before investing. This isn't new.
>>539112725Elon Musk needs to hire more indians
>>539112725Everything he built his empire of lies on (space travel, ai, EVs), now the chinese do better and cheaper. It's over
>>539112725It's reaching its fair value of $0 per share.
>>539112725rugpulls are designed to pump and dump anon. i hope nobody here bought into the "it's cheap to what it'll be in 40 years" junk
Bot generated spam threadThere's been 5+ of these in the past few hours.
>>539113295>pretending to have invented ebay
>>539112725Where's the Hyperloop Elon!?!!?
>>539113157Except that Elon had this rigged so it was listed much earlier than normal on a major exchange as well as only floating a tiny percentage of the it's shares, the smallest amount to date or something, It has set all kinds of record. Scarcity was supposed to prevent the drop, an early listing on the Casino100 was supposed to pump it even more and yet it's falling, they're all pumping it and fluffing it on the tele.
>>539112725He is a literal jew
>>539113100And then he's rich, you're poor. Fuck you.
Everything's dumping, retard.
>>539112725There is absolutely nothing surprising about this. 1. IPOs literally do this about 90% of the time2. The corporate structured is as concentrated as it can be without being a private company3. The target valuation was retarded 4.Sustained heavy losses with AI speculation5. Its practically not even a Space company, its an AI company Bundle this with projected insider profit taking which is generally one of the reasons companies go public (rewarding the early investors, board, and employees) this stock is a risky long term strategy. High risk with a long term time frame is hard for a lot of institutions to stomach.
>>539113665It's not rigged. This isn't new. You have EDS
>>539112725Turns out AI was just a fad
>>539114123>5. Its practically not even a Space company, its an AI companyThis is the only reason I didn't invest and won't it's not a good thing when Elon says his space company will make most of its money through AI
>>539112725Because it's an $800 billion company
>>539114123It's not even an AI company. It's a data center company selling compute to AI companies. Not even a good one at that.It's basically just a meme company selling buzzword nonsense.
>>539114464What makes you think a space company alone would be profitable? There is a reason every nation including the US with NASA made it a government program.
>>539114639Space is the next thing we have to conqueror so you would expect it to eventually generate unlimited money from government contracts and when they eventually get something like a moonbase or an asteroid to mine.
>>539112725>Why Is SpaceX Dumping??Because the pumping phase is complete.NO REFUNDS.
>>539112725Because grok's limits and censorship suck ass and to add to the humiliation it got knocked off the 3rd best AI spot by new chink models, all the whales are cancelling their subscriptions.
>>539114741>Space is the next thing we have to conquerorHuh? What does this even mean. There is no future for humanity out in space...
>>539112725>me just realizing Space X ticker spells "spics"
The future = space * x + AI
>>539112725>Whhhhyyyy???It was a Jewish rug pull from the start. The numbers were completely bullshit with the initial IPO price just to meme Elon into "le first trillionaire" for all his dumb fuck sycophants to succ maxx.
>>539112725It is not complete free fall but almost...Did this helped your mood?x)
>>539114885Sure there is, but is it a profit driven future? Doubtful. If you game it out, the only way it makes money is through war. If we start having full scale space war, civilization is done. Space exploration and colonization only works in an altruistic post scarcity type society.
>>539112725>He thought the billionaire was on his side>ribbon.png
>>539113378So why do you think the stock is tanking
>>539115730>colonizationWhich planets? The next closest earthlike planet is 4.2 lightyears away from us. If you mean like Mars then you are sending humans to their doom as they won't be able to live longterm at 1/3 of our gravity.
>>539112725Wait until one of his rockets explode.
>>539113042Baste
You lost, tranny
>>539116042NTA but stock lockout periods. Everyone's talking about how going public made his company workers rich. What's going to happen when all the Shaniquas who work as lowest level staff can sell their stock options for a cool million?
>>539116164We're talking Star Trek stuff. Again, altruistic type shit. A generational colony for instance. The moon. I could even see a resource driven solar system orbital colony that lassos rare elements asteroids. Just spit balling here but that's kind of my point. At least initially there is nothing profitable about space exploration.
>>539116527Very strong muscular trump with big muscles very tanned in tight manly swimtrunk shirtless at the beach on a beach volleyball court holding a volleyball high fiving another very manly teammate Mitch Mcconnel who is also big and muscular and wearing a very manly swimtrunk while a very weak looking Obama and Joe Biden are on other side of the beach volleyball net sad and crying because they lost.
Long term it'll go back up. Especially as Starship hits new milestones and begins to generate revenue. China's rocket is still 15 years behind and it's not clear yet how practical or scalable the cable catch system actually is.
>>539112725Just imagine the drop when the next launch of starship explodes again (like always).
>>539116630>resource driven solar system orbital colony that lassos rare elements asteroidsSo in like one of your video games?
>>539112725That's what every IPO does.
>>539112725Just another scam to move public funds to private pockets. Anybody that bought this is a fucking retard.
>>539113042He had a lot of help from the Pentagon who envisioned a transhumanist future. Kill all glowniggers!
he's obviously cashing out on retarded muh science man! plebbitors and other retards
>>539112725ask yourself, is there any new IPO in america that isn't a pump and dump?
>>539116787But... but... I see people driving around the cybertruck on the road! It can't tow anything. It looks stupid. But the owners bought Space X and they think they will become millionaires thanks to Elong.
>>539113157No retail investord can sell it for now. 30 days fron ipo of shit like that. It's too overvalued even to be daved by pension fund. 10 dollars per share wpuld still be the equivalent of tesla overevaluation.
>>539112725IPO stands for:>It's Probably Overpriced>Imaginary Profits Only>Insiders' Private Opportunity>Idiotic, Preposterous, and OutrageousThanks for playing everyoneNo refunds
>>539116697You already know china is going to catch up very quickly and it's going to be tough competition. They're caught up in AI and they're ahead in EVs.
>>539117088Fuck yeah!
It was priced based the assumption they were decades ahead. China caught up in a year.
>>539117307It was priced on the assumption people are retards and will buy based on hype. Someone was buying at $200.
>>539114639The thing is that his narrative is that space will be super profitable, but in their paperwork they say they are entirely banking on AI profits.
>>539117300Imagine how much credit card that guy has.
>>539117456>ai data centres are expensive >we should put them in space!
>>539112950so are these investors buying the chinese space x or no?
buy at $38
>>539117456Space profitable in a closed dome, kek.
>>539112725A lot of people aren’t even allowed to sell it yet, give it another 6 months
>>539112725Lmfao I called it. Never trust grifter shitheads like elon. All of you musk fanboy faggots deserve it.
Engine lighting issues on the 13th flight is actually pathetic. They rightfully are expected to be having near perfect flight profiles at this point and it can't even get off the pad.
>>539117599Don't they need techfags to like swap out hard drives and shit? Are they going to send up capsules to service them or is the expensive datacenter satellite slowly going to become a pile of broken shit? It's that second one isn't it?Maybe they'll launch some jeets with each satellite and leave them up there to eat their own poo
>>539116711Sounds about right. I havent gamed in years but sci-fi is predictive if anything.
>>539112725P/E rating?>Pic related
>>539112725all IA and tech stocks have been crashing for a week
>>539119044Fundamentals have limits on the upside
>>539112725This is just the rocket returning to Earth.
>>539112725No refunds :)
>>539112725>Noooooo!>I'm playing stupid games!>And I'm winning stupid prizes!!
>>539112725Space is fake and gay that's why.
>>539112725If you fell for one of the biggest rugpulls in history you deserve it t b h
>>539112725wait you dont want to tell me that elon and trump and karp and zuckerberg and tate and all the others are actually conmen who lie to you, steal from you and make your life in a whole much worse?But yeah you have completly fooled people who invested their rent in trumpcoin and will defend trump to his grave
>>539114123>90% of IPOs are people who already have shares offloading them before crash and just hope it normalizes somewhere down the lineThis sounds like a scam, why is it legal?
It's going to continue dropping for months as the various tranches are unlocked and more people are allowed sell off their vested shares. Even if it briefly rises in the meantime it's going to slump again at each of these intervals.
>>539112725Look at all the fags who bought the dip xD
>>539119760I exaggerated a little bit there its closer to 65 percent. Generally though, FOMO and emotion drives the initial interest beyond the fundamentals and then when the fundamentals kick in they rarely support the hype. There actually are a lot of regulations and disclosures that should diswade retail investors from buying IPOs but FOMO is a hell of a drug. Any broker worth their salt told their clients to wait. You can argue SpaceX could be profitable one day, and Tesla has turned a profit since 2020, but for me the risk isn't worth it.
>>539117631The Chinese SpaceX copycats are not publicly traded
Bigger question is if other space stocks are worth it.Been dumping huge
>>539112725>spic-icks
>>539117655There will be a dip under $100. Morons will buy it there to hold. But it'll pop to about $125 in a few days after that, then it'll dump on down to the 60s. Pop from there again, then dump to the 30s, where it will linger for months, maybe years. Hard to predict after that.
>>539112725Retailfags were always the baggies in this scenario. Goyim really are so dumb that I can see why jews can't help but to jew them
>>539118855That’s the joke anon.>server reset? Fire up the rockets >solar flare? Oops, I guess we need a new space data center
