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OGBuzz

(752 posts)

10. And Elon Musk owns approx. 42% of Space X, so his net worth will increase by $750 billion and send him...

Reply to question everything (Original post)

Tue Jun 2, 2026, 09:04 PM

5 hrs ago

well on his way to $2 trillion. There is something obscene about all this.
But hey, Elon did manage to destroy USAID causing the deaths of over 750,000 people (so far) due to stoppage in medical, nutritional, and humanitarian aid.

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flamingdem

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Highlight:

SpaceX valued at just $780 billion by Morningstar, less than half its IPO target [View all] question everything 9 hrs ago OP

stupid piece of crap is only 'worth' a few 100 million. Everything else is HYPE. don't fall for it !! dave99 9 hrs ago #1

"only 'worth' a few 100 million" EX500rider 8 hrs ago #4

revenue -- final line ? dave99 8 hrs ago #6

If Starlink income wasn't swamped by xAI losses it might be a decent investment. pat_k 3 hrs ago #13

Their revenue is less than their expenses. Shipwack 54 min ago #22

Musk is counting on irrational exuberance among his cult followers to keep early demand high for the stock muriel_volestrangler 8 hrs ago #2

Over the last year I have backed out of all my large-cap and index-tracking funds. paulkienitz 3 hrs ago #17

The forced Nasdaq buying sure looks like a scam flamingdem 58 min ago #20

Lots of competition in Space Exploration bucolic_frolic 8 hrs ago #3

I doubt even that makes sense. Nt BootinUp 8 hrs ago #5

Who could have known that there was a massive downside risk to being hyperpartisan and nationalist Prairie Gates 7 hrs ago #7

I hate that the SpaceX piece of shit will probably be added to my XMAG ETF. pat_k 7 hrs ago #8

$60 to $70 billion tops WSHazel 6 hrs ago #9

And Elon Musk owns approx. 42% of Space X, so his net worth will increase by $750 billion and send him... OGBuzz 5 hrs ago #10

i think teh IPO will mark a market top moonshinegnomie 5 hrs ago #11

Wouldn't nvidia be the beneficiary of Space X success? flamingdem 56 min ago #21

Can SpaceX install data centers in space on Elon's timeline? eringer 4 hrs ago #12

There is no good business case for data centers in space. paulkienitz 3 hrs ago #16

Environmental Issues Must be Overcome eringer 1 hr ago #18

There is no way you can make the math work paulkienitz 7 min ago #24

Lots of technical reasons against it happening, too. Shipwack 48 min ago #23

How many times have Elon's timelines been met? LudwigPastorius 1 hr ago #19

...like they're making "short work" of the Starship? paulkienitz 6 min ago #25

Well maybe if Muskrat should fix the issue of his rockets exploding.................. turbinetree 3 hrs ago #14

Morningstar is being wildly optimistic. paulkienitz 3 hrs ago #15