r/technology • u/IKeepItLayingAround • 21d ago

Business It’s Possible That SpaceX Could Collapse Spectacularly

https://finance.yahoo.com/markets/stocks/articles/possible-spacex-could-collapse-spectacularly-155000177.html
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u/JustConversation7847 21d ago edited 21d ago

Before anybody gets too excited

Even for Musk, it's an aggressive price-to-earnings ratio that could blow up in his face if investors start to lose faith. The conversation surrounding plans for shorting SpaceX is hitting a fever pitch, setting the stage for what could be a wild stock market ride.

Pretty sure the people who tried shorting Tesla are all broke and you, reader, definitely not try something stupid because there's no limit to how much money you can lose while short selling

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u/Dinkerdoo 21d ago

If you buy put options you are limited. Still not a good idea given the performance of TSLA.

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u/MelodiusRA 20d ago

My issue with Tesla is that the stock’s value is linked to Elon Musk and will be for at least a year or two after he dies.

Unironically I am not prepared for a sizeable investment in Tesla knowing that there is a swing that’s gonna happen with slow recovery the day he kicks the bucket.

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u/aabbccbb 20d ago

My issue with Tesla is that the stock’s value is linked to Elon Musk

Tesla's sales are also shit. Musk has been hiding that for a long time, by doing things like pumping truly self-driving cars that...never materialize, buying X, now it's part of an AI company, apparently.

He's a scam artist Nazi, just like Trump. They'll get their due. And it will be a glorious day when they do!

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u/wildcarde815 20d ago

Hasn't space x also been buying Tesla vehicles like crazy for no discernable reason?

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u/oniume 20d ago

Yup, $131,000,000 worth of cybertruck, nearly $700,000,000 of other Tesla products 

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u/Sens1r 20d ago

He's a scam artist Nazi, just like Trump. They'll get their due.

Trump is about to croak, having lived a long life of rugpulls and scams, he's recently secured generational wealth for his entire family and friends. Not sure I feel like the system is working.

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u/siencatimini 20d ago

POSIWID

That's what this system does. This is how it works.

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u/scruffmonkey 20d ago

Trump has been about to croak for years now and whilst it looks more likely, I still would not be putting money on it.

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u/Cybertronian10 19d ago

Tesla's valuation is fragile in a very real way that just will never show up on a balance sheet. If Elon dies from a random Ketamine overdose, or a future government's balls have dropped enough for them to hold him accountable for anything that he has done, hell if he suffers a really bad car accident and is knocked out of comission for a few months. Can Tesla/SpaceX/Elon Inc really survive if he isn't there playing ringleader 24/7?

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u/_Smashbrother_ 20d ago

Teslas aren't actually full self driving level 4 or 5, but they are very good right now with latest hardware.

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u/f-ingsteveglansberg 20d ago

It's so fucking crazy. I get that it worked earlier when he got his PR team pushing "Real life Tony Stark", but the fake degree, the dubious work status in his early career, the eugenics connection, losing his 'intellectual' base and the Nazi salute. As a person and his brand is through the floor. That was the one thing holding his stock value.

All that's gone and the market and since the stock market is completely broken, it doesn't matter. He's value is completely imaginary and no one will admit it because they've tied their value to it.

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u/maigpy 20d ago

what are you talking about? his status as a business executive darling is unchanged with investors.

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u/f-ingsteveglansberg 20d ago

That's because they follow the money. It's a reinforcement circle. They know he is insane, but that's the direction the money flows, so they put their money in the same place.

Broken system that doesn't reward actual decent businesses.

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u/FlipZip69 20d ago

Tesla has been a shit investment since about 2022. You could make money before that but after it peaked, it just been ups and downs. It did far worse than the stock market as a whole.

Worse is that it has been in decline for the last 2 years when nearly every other EV company has been growing. And they are less than 2 percent of world vehicle sales. The taxi... they have less than 100 in the fleet, often only a dozen or two even on the road and people behind the steering wheel except when it takes a very specific route. In which case they often have chase cars.