31–40 of 90 posts
Earlier quoted context omitted.
If you're right, that's great news for you, as you can make tons of money buying Spacex puts
Markets can remain irrational longer than you can remain solvent. - John Maynard Keynes
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.
Have you watched a Starship launch? The more I understand the incredible feats of engineering they are performing the more bullish I become.
Earlier quoted context omitted.
Yeah but he can borrow against it and not pay any taxes.
Do people do that? Can I e.g. borrow against my assets and not pay any taxes? Curious to learn more.
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.
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.
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Meanwhile, here in our little tech bubble, we pretend it's not happening -- that he's not spending half the day amplifying some of the literal worst people on Earth and blathering about how immigrants are coming to rape our culture. Just focus on the IPO. Don't look behind the curtain.
Where is a good chunk of this newfound money going to go? Into the pockets of AfD, Reform, and other far-right monsters around the world.
It's all just... abhorrent. Beyond words. Regretfully, I start to understand the state of society that can foment revolution. Never before have I felt such impotent fury at the state of things.
I can only hope his career ends as Ruggiu's once did: in shackles in front of an international tribunal.
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.
Have you watched a Starship launch? The more I understand the incredible feats of engineering they are performing the more bullish I become.
Earlier quoted context omitted.
Yeah but he can borrow against it and not pay any taxes.
If you borrow against it you still have to pay interest. If he somehow found someone to loan him $1T, which would probably be practically impossible, the interest would make the total amount he got less than $1T.
Earlier quoted context omitted.
Have you watched a Starship launch? The more I understand the incredible feats of engineering they are performing the more bullish I become.
It doesn't make money. https://www.youtube.com/watch?v=-X6YzlY_8tM
The stock price reflects the potential of the business in the future as well as its current concrete value.