Tell HN: The bloatification of SpaceX stock has started

6 pointsmandeepj5d ago3 comments

Musk is already promising $1T revenue by 2030 https://finance.yahoo.com/markets/stocks/articles/musk-says-spacex-could-bring-054636977.html

Same playbook from Tesla. Make outlandish statements to artificially pump the stock. There will be quarterly losses, but stock will continue to go up, and probably the company valuation will hit $4T soon.

3 comments

3 comments · 2 top-level

beernet5d ago· 1 in thread

So what exactly are you telling us here? If you believe the "bloatification" has started only after the IPO, you are very late to the party

mandeepjOP5d ago

I thought I was pretty clear in the post itself! Anyway, he has made his first big public statement after IPO to further pump the stock, and will continue doing so.

spikels5d ago

Musk never promised $1T revenue by 2030. Maybe that's the problem here.

j / k navigate · click thread line to collapse