Humor me, the original post already stated that the stock starting at an "extreme level" as the total revenue isn't even in the top 200, but the valuation will put it in the top 10. You seem to indicate that it will pump even higher, so why not jump in and sell to a "greater fool" once it hits 4 - 5 trillion? That's what I'm thinking.
Why do you think it will crash? Eventually maybe after many years of failures, but being fast tracked into NASDAQ and S&P 500 should boost the stock a lot? Its slated to IPO as one of the 10 most valuable companies in the US.
Just a P in the IPO here, not an insider.
That is fair, the consistent over promising and under delivering from Elon is frustrating. However stock market returns from Tesla say otherwise and that is what is drawing me to try SpaceX, not its actual current or realistic near future earnings. Just pure momentum and speculation.
This is why you can only use end to end encrypted chat apps that aren't owned by the majors.
To be fair, databases are obsolete since the AI can just hallucinate the data needed. Saves a lot of money and time that way.
I've been boycotting Sony for over 20 years. Not a single Sony product in my house save some Blu-ray discs and a player that I got given to me after a neighbor died and I mowed his lawn for a couple of months while the family (who lived out of state) dealt with probate. Just wish it had more of an impact...
With 4 years back pay.
Matt Christiansen. He puts out some good things on occasion and tries to be honest, not without some drama.
Sure, except it will only be used by the left to suppress the right. The right doesn't have balls enough to do it, and the media will only allow normies to see things one way.
An hour and a half video with no explanation? Ugh...
My grandparent's generation called rock "noise" and "of the devil". To be fair it was a large departure from music before the 50s, even though 50s rock is incredibly benign. I'm uncertain if they ever listened to it objectively though. Whereas I can appreciate good jazz and big band from the early to mid century, and classical obviously as well.
I tried to listen Gucci Gang, for example, and some other recent rap and so much of it is indeed trash. I'm not certain if Gen Z like it to be ironic or if it is truly appreciated.
An illegal can cross the border literally yesterday and stay at a homeless shelter in Portland last night. To her that illegal is just as much of a Portland resident as her and her kids and should have all the rights (including voting) and gibs that it entails.
So if ICE can arrest an American like that illegal, then they can certainly go after her and her kids.
And yikes those piercings and hair make her ugly as fuck!
Why feed the beast? You are paying for GPT premium I assume?
I care because my family situation is different from what it was 11 years ago when I bought my house. Trouble is, houses like I would upgrade to have appreciated much faster than what my starter home has, and we are single income, so I am stuck too.
Don't get me wrong, I'm thankful I'm on the bottom rung of the home ladder, but it would be nice to get a different layout and lot style than my current that doesn't meet my needs quite so well.
I don't think midterms has anything to do with it. The USA is already at wartime/major economic problem level of deficit. For 2026 it's approaching $2T, if there is a decline in tax revenue it could go to 3+T easily. So they are doing everything possible to pump.
The Federal reserve doesn't have the balls to call it QE, now RMP, but same effect. Why anyone but the Fed is buying bonds longer than 1 year at these rates is beyond comprehension, but then again, so is TSLA stock price. The only possible future is yield curve control once people figure it out.
Western countries are in massive trouble. EU major contributors France and Germany are cooked. US is rapidly approaching a point where fixed expenses will exceed tax revenue, Australia and Canada have massive housing bubbles. Debt crisis is coming.
I sold nearly all of my stock earlier this year because AI sucks ass. It's obviously way over hyped and being pushed on everything rather than being pulled (I see you Microsoft). I bought some gold, need to add more now that short term rates have dropped. The only certainty is that I'm going to screw up and not make the right investments with my 401(k) and end up as a walmart greeter until I'm 85, if I'm lucky.
When this all happens, no idea, it will take a lot longer to play out than I want, but I'm expecting massive democrat gains in the next 2 elections. Any problem is going to be blamed on Trump, even though much of the above is decades in the making. Stopped by Sam's Club today on my way home from work and it was full of disgusting morbidly obese 3 foot tall latin women. It's fucking over very soon.
My wife and I drive cars that are 9 and 10 years old, not fancy, very basic, and it's $3500/yr now. Over $1000 of that is uninsured motorist because illegals have flooded our area. 10 years ago when we bought my wife's car it was about $1100 for the same coverage.
Can someone please TLDR this situation for me?
I've seen some of these on youtube they are insidious.
They get around max rate laws by offering 0% rate but with a "processing fee" that gets immediately deducted from the loan amount and equates to massive interest in and of itself. Then they ask for a "tip", a tiny fraction of which gets donated to charity. Missing a payment makes things far worse and people end up in debt to multiple of them at the same time. No credit check!
I don't know how people who come up with this shit can possibly live with themselves.
Exactly this, monthly payment bros (people who think only in payment terms) will just buy increased prices to the point that the 50 year bet against the dollar barely pays out. It'll all be priced in seconds after it is made official.
Current houses will be even more out of reach, boomers and banksters even richer.
In 2019 I was in a Bass Pro shop looking at the fish with my toddler. Walked around the store to the boat section and was astounded, they were offering 240 month payment plans on new boats! I still shake my head at that, haven't been back lately to see if they are still offering those terms.
Now 15 years on a car loan guarantees someone will be upside down when it comes time to sell, or the car just doesn't last that long. Then they can roll the balance into a new 15 year loan.
Brilliantly evil, but I'm sure people much poorer than I am will live out their lives in far more luxury than me... My paid off car will be 10 years this winter. No plans to change it Lord willing.
Unironically, this is great for stocks. Due to leverage being so high all that matters right now is lower rates, and bad job numbers are an excuse to lower rates.
Meanwhile working class like me are looking for ways to cut expenses everywhere possible at the moment. Been having serious conversations with the spouse about how to cut more.
Finally someone else with my investment strategy!
No, this is exactly my problem, my literal job is to see through bullshit and it has kept me out of the market way too long. Musk is a bullshit king, and it has baffled me for years why it is what it is.
I'll never retire at this rate as I can't save enough. I'm wondering if SpaceX will be a quick win, and maybe everyone here discounting it is exactly why it'll moon (although that valuation is already 95% of the way to the moon).