SpaceX built to separate retail investors from their money

toomuchtodo

https://youtu.be/ag14Ao_xO4c “We are selling to willing buyers at the current fair market price.”

kderbyma

Obviously....the entire american stock market is manipulated like this.....America has to hide its inflation somehow right???? The $T peg is the beginning of hyperinflation and clearly the entire economy is disconnected from reality.....American economics are a farce right now...your country is weapons and memes....you build nothing, services are revoked by tech bros and the entire world suffers for it....musk is one of the players...not the whole team though...buffet....gates...bezos....altman....amodei....fake fake fake fake fake fake fake

dzonga

people like George Noble while smart and arguing for common sense unfortunately lose when hysteria and foolishness i.e memes take over. Tesla is a meme stock. SpaceX will sell dreams about datacenters in space. as long as gullible foolish people believe in the meme or the fantasy dreams - arguing your case about valuation will just leave your pockets empty & voice dry. the only unfortunate thing is now retirement accounts might get torched.

rolph

im not going to advocate for the devil, but the title seems to be the distilled essence of extractive business models. i think the problem starts with mistaking such business for a philanthropic or non profit model. that being said investors are a major "chattel" and if you abuse them, you start having problems.

laughing_man

Or not. It's hard to say at this juncture.