Earlier quoted context omitted.
Just more pedophiles and their supporters.
Clintons?
Clintons aren’t connected to Space X though so that’s a silly answer.
SpaceX files to go public
101–110 of 631 posts
Re: SpaceX files to go public
#102Earlier quoted context omitted.
Trying to dump on the market before the bubble pops.
Not sure why you are being downvoted. This is exactly what is happening and why OpenAI is trying to IPO to dump their garbage as well.
because its not accurate. they're milking the market. not dumping on the market.
they're only (sic) going for 75 billion. with an evaluation in the trillion mark.
This is just more speculative investment. you'll see this again in another year or so with a bigger evaluation on it... it's how the modern economy now "works".
Re: SpaceX files to go public
#103Earlier quoted context omitted.
Also, would individual funds that track the S&P have left themselves some wiggle room to delay this if they wanted?
I am not an expert, but my understanding is most funds don't change allocations immediately, but it would be part of normal rebalancing, e.g. VOO and other indexes that track the S&P500 do it quarterly
And even with that, they give themselves some room for tracking error, I think.
Re: SpaceX files to go public
#104With $1.75t valuation & ~$16b in revenues, that's just over 100* revenues. SpaceX recently announced $8b in EBITDA, but I don't think it's a healthy metric for such a hardware-heavy business. Or, like Charlie Munger calls it, BS earnings.
Even if you give SpaceX the benefit of the doubt and assume they'll eventually settle at the profit rates Apple, Google, etc. have (~25%, check it), it'll be $4b in annual profits holding up $1.8t in market cap or roughly 450 PE ratio.
And that's if we give them the same great odds for profitability as America's most successful and profitable firms.
In summary, in the short-term the stock might very likely shoot up to $3t, but in the long-term, it doesn't look very healthy.
Re: SpaceX files to go public
#105You 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…
Serious question: Is there some ETF that is "Index of S&P500 minus anything that smells like Musk"?
Yes, kinda. Goldman Sachs launched that under the symbol SPXXAI last month. I'm not totally sure how to actually invest in it yet though.
https://www.axios.com/2026/02/20/ai-goldman-sachs-stocks-ind...
Re: SpaceX files to go public
#106Earlier quoted context omitted.
How is this false opinion so common? I use self-driving regularly it has always worked more or less flawlessly
Self-driving is a thing. Full self-driving, commonly known as "level 5 autonomy", has been claimed for over a decade. These claims have been made so many times it has a dedicated Wikipedia page ! https://en.wikipedia.org/wiki/List_of_predictions_for_autono...
But those levels are kind of bullshit. If a car is autonomously driving but needs an attentive driver in the seat for legal reasons you're stuck at what, level 2? Even if you never actually need to override/intervene?
Teslas running the latest hardware (manufactured 2023+) and software are actually nearly there, IMO. I used it for two months and never needed to intervene. It's not perfect yet but I believe it actually drives better than most people now.
However, the millions of Teslas on the road with older hardware are absolutely useless in comparison where you will need to intervene a lot. The latest FSD software only works on the latest hardware so these older cars are stuck on either old FSD versions (which are proven to be bad) or get slimmed down versions to fit lower specs (which we know wont be as good). It's unsafe and they really should disable it for all of the older vehicles and issue refunds for people who paid for FSD.
Re: SpaceX files to go public
#107Earlier quoted context omitted.
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 follo…
1. Tesla has sold ~2.5-3M cars since 2017 in the US. There’s more than 200M cars on the road in the country. Ford has sold more F series trucks in the last 4 years than Teslas have been sold ever.
2. The only reason Model Y is the best selling car in the world is because 3/4 of the sales come from the US and Tesla only sells one model of SUV. Other brands sell many different variants and multiple models in the same category across the world.
3. Teslas are not at all competitive in other markets. BYD is eating their lunch.
4-6. Yes, but the global market for space launches is projected to barely touch $30B by 2030. Global competition for this market is only getting fiercer with multiple US startups, India, China and more recently France.
Now let’s talk about the failures.
1. Nueralink 2. FSD 3. Roadster 4. Cybertruck 5. Hyperloop 6. $2T in Doge cuts 7. Robotaxi 8. Starship 9. Tesla Semi 10. 4680 battery 11. Boring company tunnels 12. Bots that were going to disappear on Twitter
The list is very long when you actually include all the data points.
Re: SpaceX files to go public
#108Earlier quoted context omitted.
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 follo…
> ”3.) Most cars would be made in the US, yet still be price competitive with foreign competition”
Globally, 50-55% of all Teslas sold are manufactured in China, and a further ~10% in Europe. Only around 35-40% of Teslas are made in the US.
Re: SpaceX files to go public
#109Earlier quoted context omitted.
Aren't basically all the huge serious index funds float weighted?
Matt Levine wrote (uh, yesterday?) that the Nasdaq 100 was adding it (not a full linear weighting....) right now to accommodate this scam.
Yeah, the OEX is a more serious index for more serious people.
Re: SpaceX files to go public
#110Earlier quoted context omitted.
Aren't basically all the huge serious index funds float weighted?
Matt Levine wrote (uh, yesterday?) that the Nasdaq 100 was adding it (not a full linear weighting....) right now to accommodate this scam.
Ok fair, I forgot that QQQ is as big as it is.
Edit: wait, but QQQ is float adjusted?
What are the biggest not-float-adjusted index funds?