SpaceX Stock is Crashing - AI Bubble is DEAD
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Top Comments (10)
China just caught their first rocket booster successfully. They have multiple companies working on this. Europe is abandoning SpaceX and starlink and building their own system.
The index wasn't supposed to juice the value. It's to let the investors cash out by saddling everyone else with the worthless stock. And it's doing that.
This was all just an offload of debt to the retail investors. A Fire Sale.
This is just a warmup. SpaceX isn't worth more than $40/share.
The transfer of the bag from private to public is underway.
Spacex: "We don't really do any innovations as far as AI is concerned, we only have a few datacenters" Wall street: "Yes, this is definitely a few trillion worth!"
I have one word for you hyperloop look how well that ended up
This is intentional. Skyrocket the value, IPO, and then investors immediately sell their shares for a profit and then the stock declines and the general public is left footing the bill.
If demand was “insatiable,” then why are all the AI centers forcing their employees to use it? Normally you don’t have to force an insatiable urge.
CHILDREN were KILLED by ASSAULT WEAPONS at SANDY HOOK. We NEED to BAN ASSAULT WEAPONS.
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Top Comments (10)
China just caught their first rocket booster successfully. They have multiple companies working on this. Europe is abandoning SpaceX and starlink and building their own system.
The index wasn't supposed to juice the value. It's to let the investors cash out by saddling everyone else with the worthless stock. And it's doing that.
This was all just an offload of debt to the retail investors. A Fire Sale.
This is just a warmup. SpaceX isn't worth more than $40/share.
The transfer of the bag from private to public is underway.
Spacex: "We don't really do any innovations as far as AI is concerned, we only have a few datacenters" Wall street: "Yes, this is definitely a few trillion worth!"
I have one word for you hyperloop look how well that ended up
This is intentional. Skyrocket the value, IPO, and then investors immediately sell their shares for a profit and then the stock declines and the general public is left footing the bill.
If demand was “insatiable,” then why are all the AI centers forcing their employees to use it? Normally you don’t have to force an insatiable urge.
CHILDREN were KILLED by ASSAULT WEAPONS at SANDY HOOK. We NEED to BAN ASSAULT WEAPONS.