The stock, and subsequently the stock market, is so detached from reality. For the life of me, I can’t understand why investors will literally put a 100x premium on Musk, and the things he touches. I feel like I’m living in some alternative universe.
Elon Musk Becomes First Trillionaire as SpaceX Starts Trading
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Re: Elon Musk Becomes First Trillionaire as SpaceX Starts Trading
#12The stock, and subsequently the stock market, is so detached from reality. For the life of me, I can’t understand why investors will literally put a 100x premium on Musk, and the things he touches. I feel like I’m living in some alternative universe.
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But things obviously changed. We're still a lead market as far as Tesla sales go, but right now it is just another car. There's absolutely no rationale to automatically go for Tesla.
Which is why I find it incredibly difficult to see how Tesla is valued. The Tesla market cap is more than all other EV producers combined.
Musk evangelists will now yell "Self-driving cars! AI! Robotaxi!", and rationalize that the value behind Musk is potential. The potential that his products will be some fantastical thing in the future.
Re: Elon Musk Becomes First Trillionaire as SpaceX Starts Trading
#13The stock, and subsequently the stock market, is so detached from reality. For the life of me, I can’t understand why investors will literally put a 100x premium on Musk, and the things he touches. I feel like I’m living in some alternative universe.
Company literally does not make money, and his other major company is getting dumpstered in its market too.
Re: Elon Musk Becomes First Trillionaire as SpaceX Starts Trading
#14The stock, and subsequently the stock market, is so detached from reality. For the life of me, I can’t understand why investors will literally put a 100x premium on Musk, and the things he touches. I feel like I’m living in some alternative universe.
If you're right, that's great news for you, as you can make tons of money buying Spacex puts
Re: Elon Musk Becomes First Trillionaire as SpaceX Starts Trading
#15The stock, and subsequently the stock market, is so detached from reality. For the life of me, I can’t understand why investors will literally put a 100x premium on Musk, and the things he touches. I feel like I’m living in some alternative universe.
If you're right, that's great news for you, as you can make tons of money buying Spacex puts
- John Maynard Keynes
Re: Elon Musk Becomes First Trillionaire as SpaceX Starts Trading
#16I've read somewhere that even some janitors / lunch ladies became millionaires from their shares. Looking then at the great performance of some other stocks, I really wonder where we're headed
Re: Elon Musk Becomes First Trillionaire as SpaceX Starts Trading
#17I've read somewhere that even some janitors / lunch ladies became millionaires from their shares. Looking then at the great performance of some other stocks, I really wonder where we're headed
I would be surprised if janitors get shares. This is Musk we’re talking about.
Re: Elon Musk Becomes First Trillionaire as SpaceX Starts Trading
#18Congratulations to the US. I'm sure it must be nice to have a trillionaire I wish my country had a trillionaire. That would give my day to day life meaning
If he actually tried to sell it and turn it into cash it would be less than $1T.
Re: Elon Musk Becomes First Trillionaire as SpaceX Starts Trading
#19The stock, and subsequently the stock market, is so detached from reality. For the life of me, I can’t understand why investors will literally put a 100x premium on Musk, and the things he touches. I feel like I’m living in some alternative universe.
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Re: Elon Musk Becomes First Trillionaire as SpaceX Starts Trading
#20The stock, and subsequently the stock market, is so detached from reality. For the life of me, I can’t understand why investors will literally put a 100x premium on Musk, and the things he touches. I feel like I’m living in some alternative universe.