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SpaceX files to go public

nytimes.com

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Re: SpaceX files to go public

#61

Post by rvz »

ACCount37 wrote: post #52
rvz wrote: post #27

Earlier quoted context omitted.

"Full Self Driving" was also a giant scam. Got heavily downvoted for that as well.

You should expect to be downvoted for being wrong.

It is a scam. "Full Self Driving" isn't even close to Level 3 autonomy or even Level 5.

Tesla got away with this deceptive advertising and scammed [0] their customers believing their vehicles would soon reach full self driving autonomy.

The only ones defending this are likely the ones that still haven't realized that they got scammed by Elon. Sorry that happened to you.

[0] https://www.reuters.com/legal/tesla-must-face-californias-fa...

Re: SpaceX files to go public

#62

Post by Imustaskforhelp »

catlikesshrimp wrote: post #60
wg0 wrote: post #30

Is it a scandal? https://youtu.be/8rS3fTbC7TE

The speaker seems to be generated by AI. Edit: I not pro musk, but the run of the mill pictures aren't needed.

> The speaker seems to be generated by AI

This is Patrick Boyle, he's not AI generated? Why did you feel like the speaker is AI generated?

Re: SpaceX files to go public

#63

Post by chasd00 »

moogly wrote: post #58
chasd00 wrote: post #11

The thing i'm not looking forward to is SpaceX will now be beholden to Wall Street. With Startship testing being so public, there's a whole cottage industry of youtubers watching their every move, there's going to be lots of ups and downs on the stock price.

What makes you think this will be different from Tesla?

None and that's the problem, the shorts almost killed Tesla for no other reason than being short. I think watching Starship after Starship blow up while being tested when investors don't really understand what they're looking at is going to be bad for the stock price. In a public traded company so goes the stock price so goes the business.

Re: SpaceX files to go public

#64

Post by tastyface »

mtharrison wrote: post #3
dang wrote: post #136

[stub for offtopicness] [All: please don't post unsubstantive comments to HN. You don't have to like $Company or $Person, but when the banned accounts are posting more thoughtfully than the rest, that's... bad.]

What's in the SpaceX Files and why aren't they already public?

[flagged]

Re: SpaceX files to go public

#65

Post by chasd00 »

Diederich wrote: post #21
chasd00 wrote: post #11

The thing i'm not looking forward to is SpaceX will now be beholden to Wall Street. With Startship testing being so public, there's a whole cottage industry of youtubers watching their every move, there's going to be lots of ups and downs on the stock price.

> SpaceX will now be beholden to Wall Street I get and appreciate that sentiment. Musk currently has a controlling interest in SpaceX. Do you expect that to change after the IPO? Thanks!

I get the feeling investors are going to watch Starship explode and explode while it's being developed without understanding the trial/error, hardware rich, approach SpaceX takes and not like it. That's going to hurt the stock price and therefore hurt the company. Before, when Starship exploded people just pointed and laughed at Musk but SpaceX kept going. For better or for worse it doesn't really bother him, don't forget he got literally laughed out of the room when he proposed a re-usable orbital booster. Now those people actually matter because they'll sell/short and kill the stock price and therefore materially hurt the company. I replied to a sibling about Tesla, remember the shorts nearly killed Tesla before it even had a chance. The technology was there and the concept proven but the shorters almost killed the whole thing. IMO Tesla went public way too early and it almost cost them everything. idk what SpaceX has to gain by going public, are they hurting for cash? Based on the pace of development in Boca Chica it doesn't appear so.

/not a finance or investment expert just my observations and feelings

Re: SpaceX files to go public

#66

Post by g-technology »

fermentation wrote: post #33
jordanb wrote: post #15

You don't have to believe. If you have a 401k you will be an investor 15 days after launch. The IPO will go great, because the company will float a fairly small issuance. The big shareholders will not immediately sell. They will hold on and maybe even buy to support the price. Then, after 15 days, it will enter the indexes and everyone's 401k will start auto-buying this stock. You might say this is an obvious flaw in…

This is absolutely vile. The xAi merger made no sense and this is forcing working class people into purchasing risky assets from a known scammer.

It does when you look at it with a few less zeros… it’s like a broke person floating checks for payday loans.

Re: SpaceX files to go public

#67

Post by indoordin0saur »

deepsun wrote: post #13
saalweachter wrote: post #8

Earlier quoted context omitted.

The five stages of Elon Musk: 1. Elon is a genius, a real world Tony Stark. 2. How dare you! You're just jealous! 3. Ok, regardless, he's done more to advance EVe and space travel than anyone else alive. 4. Oh God, he's going to cripple US development of EVs and rockets, isn't he? 5. Eh, Mars was never happening in my lifetime anyway.

I've got plenty of downvotes here on HN for critiquing him on Stage 1, herd mentality is relevant for HN community just as well.

Correct me if I'm wrong, but I remember stage 1 being maybe 2011. There were plenty of Musk critics back then, as there are now, but they seemed to have been completely wrong on pretty much everything. I remember people saying he was a charlatan whose technology would never work and even if it did it would never get mainstream market penetration. I feel like you would have smugly chuckled if anyone told you the following things that are true:

1.) Tesla cars will be ubiquitous on American roads

2.) The best selling model of car globally would be a Tesla

3.) Most cars would be made in the US, yet still be price competitive with foreign competition

4.) SpaceX rockets would be re-used multiple times per week

5.) SpaceX's launch business is highly profitable despite lowering prices to less than 10% of what they used to be

6.) SpaceX launches more mass to orbit than the rest of the world combined

Re: SpaceX files to go public

#68

Post by bubbi »

Imustaskforhelp wrote: post #62
catlikesshrimp wrote: post #60

Earlier quoted context omitted.

The speaker seems to be generated by AI. Edit: I not pro musk, but the run of the mill pictures aren't needed.

> The speaker seems to be generated by AI This is Patrick Boyle, he's not AI generated? Why did you feel like the speaker is AI generated?

[dead]

Re: SpaceX files to go public

#69

Post by indoordin0saur »

rvz wrote: post #61
ACCount37 wrote: post #52

Earlier quoted context omitted.

You should expect to be downvoted for being wrong.

It is a scam. "Full Self Driving" isn't even close to Level 3 autonomy or even Level 5. Tesla got away with this deceptive advertising and scammed [0] their customers believing their vehicles would soon reach full self driving autonomy. The only ones defending this are likely the ones that still haven't realized that they got scammed by Elon. Sorry that happened to you. [0] https://www.reuters.com/legal/tesla-must-fa…

How is this false opinion so common? I use self-driving regularly it has always worked more or less flawlessly

Re: SpaceX files to go public

#70

Post by 1970-01-01 »

mtharrison wrote: post #3
dang wrote: post #136

[stub for offtopicness] [All: please don't post unsubstantive comments to HN. You don't have to like $Company or $Person, but when the banned accounts are posting more thoughtfully than the rest, that's... bad.]

What's in the SpaceX Files and why aren't they already public?

Outstanding comment.

4 different levels to unpack: Literal IPO question, Epstein cover-up (gov. won't just do it), aliens (X-Files) cover-up, and finally the Elon-Epstein connection (email files thread to host him at SpaceX).

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