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0 pointsOctoth0rpe25d ago0 comments

> Imagine not wanting to own a piece of the first company to make a re-usable orbital class booster.

They didn't say they didn't want to own it, they said they wanted to own it at a : "90% discount after the IPO and the next tech / AI correction."

It is possible for a company to be both technically impressive and horrifically overvalued.

0 pointsOctoth0rpe25d ago0 comments

> Imagine not wanting to own a piece of the first company to make a re-usable orbital class booster.

They didn't say they didn't want to own it, they said they wanted to own it at a : "90% discount after the IPO and the next tech / AI correction."

It is possible for a company to be both technically impressive and horrifically overvalued.

0 comments

5 comments · 1 top-level

hparadiz25d ago· 4 in thread

I think it's undervalued.

amanaplanacanal25d ago

Have you looked at the S1? The valuation is not based on launchers, it's based on all the potential money they can make as an AI company. Given that they are probably not even in the top 10 in that business, it's just pie in the sky.

anonymars25d ago

Welp, if enough people think like the other fella, line will go up and money will be made

Something about finding out who's swimming naked once the tide goes out

FireBeyond25d ago

Great, you have an opportunity to make bank, then, no?

lostlogin25d ago

If Musk thought that, why would he need to have all the rules changed?

j / k navigate · click thread line to collapse