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Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
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Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#12[flagged]
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#13Good. Would love to buy SpaceX stock at a 90% discount after the IPO and the next tech / AI correction.
Imagine not wanting to own a piece of the first company to make a re-usable orbital class booster.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#14It's really concerning given how the indexes are changing rules to fast-track SpaceX being forced into index funds. S&P is also working on updates to S&P 500 to force it down everyone's throats quickly and algorithmically.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#15Should have renamed the company xGoodwill.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#16Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#17It's really concerning given how the indexes are changing rules to fast-track SpaceX being forced into index funds. S&P is also working on updates to S&P 500 to force it down everyone's throats quickly and algorithmically.
Add Anthropic and OpenAI to the list. Companies that are bleeding money.
Personally, a company should be making money before adding it to the index.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#18Wouldn't the same argument apply against Tesla?
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#19Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#20It’s obviously a scam. First xai acquires failing Twitter and then SpaceX acquires xai? At a made up valuation number that’s too high? The voting structure of SpaceX prevents Elon from ever being held accountable. Not to mention that the revenue and profits are simply not enough to justify the desired value.
Merging the failling companies into the other ones is the usual Elon thing, Solar City didn't get acqui-merged into Tesla for its great result.
It's not a "scam" in the traditionnal sense, it's riding the bubble while it's there, stock value is "supposed" to be about the company performance and potential but technically it doesn't have to be, it's about what some people are willing to pay for it (the stock, not the product the company sells) and that's all. That's also why tesla has such a valuation.
You can see it in the comments even here and other thread about this IPO, some people read the numbers, and some have just religious sounding comments about it being the biggest revolution ever or making the history book etc ...
And that's also why they need to keep elon as CEO because in the scenario where they remove it and get the best car company CEO and become a great regular car company that works and ships lots of great car ... Their valuation would be reduced a factor of ten