Good. 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.
Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
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Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#122Good for Denmark. Yeah, for all the technical excellence by Shotwell and the team ... I don't want my ETF's and pensions buying into that piece of shit CEO and his corrupt 'at a whim' entity manipulation. Sorry, fuck SpaceX
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#123It’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.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#124Earlier quoted context omitted.
Short term gains are hype and fomo, but if you're holding index funds long like I am, then returns have a lot more to do with performance. And given the lack of hype around ESG, it seems like an exceptional time to buy in to it.
Bro the index is about riding the hype and fomo and when the phenomenon progressively loses track it gets less and less quota
Long term dollar cost averaging is not about hype and fomo. Overall pricing in equities does vary according to alternative investment routes, which is why I'm diversified into those as well.
Stonks go up. Stonks go down. Averaging over decades, ownership is about owning a share of productive output of a large portion of our entire economy, an amazing restructuring of social relations that presents an amazing opportunity for the common person, unseen throughout the history of humanity.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#125Any chance of bypassing the paywall? Does someone have a archive link perhaps?
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#126Earlier quoted context omitted.
SpaceX is completely dependent upon the government. If said government decides to move on then what long-term and they will move on because of China, Russia and the EU but mostly because of China. This brief dalliance in private enterprise in space will not last long-term.
Only a fifth of spacex revenue is currently from government contracts, a percentage that they forecast will continue to trend downwards. (not to say that isn't a huge risk if it disappeared, it's just far from "completely dependent")
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#127Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#128Earlier quoted context omitted.
Shorts have unlimited risk. Buying a put is risk-defined and probably a better strategy.
No, because the unlimited risk of shorting is balanced (hedged) by the unlimited upside of holding the same number of shares via the ETF.
Re: Danish Pension Blacklists SpaceX over 'Catastrophic Governance'
#129Earlier quoted context omitted.
It may list fast, but it covers many more securities from what I understand so it’s insulated. I think the fact is that any broad market ETF is gonna own at least some piece of a $1 trillion company.
well that's the problem, right? There is no justification for a trillion dollar Elon Musk valuation. And he and his investors know this. That's why they're trying to change the rules to dump the stock while it's irrational on every investor in the world. If they really believed in the value of the company, would they be bribing people to scam the index funds?
High level, it's concerning to observe this unfold while almost every asset class is at its peak and there is no one willing to purchase (office real estate [1] [2], private equity [3], us equities [4], crypto, etc). Late Stage Capital Markets when you've exhausted greater fools available.
[1] Office Real Estate Is Facing ‘a Year of Reckoning’ in 2025 - https://www.bloomberg.com/news/features/2024-12-18/commercia... | https://archive.today/fTPSY - December 18, 2024
[2] Blackstone Is About to Take a 54% Loss on Iconic Seattle Tower - https://www.bloomberg.com/news/articles/2026-05-29/blackston... | https://archive.today/fcA8W - May 29, 2026
[3] https://news.ycombinator.com/item?id=47049024 (citations)
[4] BlackRock Scales Back Equities After ‘Generational’ Earnings [Peak S&P] - https://www.bloomberg.com/news/articles/2026-05-29/blackrock... | https://archive.today/lMIcH - May 29th, 2026