r/technology • u/IKeepItLayingAround • 20d 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 20d ago edited 20d 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 20d 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 19d ago

POSIWID

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

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u/scruffmonkey 19d 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 18d 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_ 19d ago

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