261–270 of 560 posts
Earlier quoted context omitted.
Because of the Musk reality distortion field. The claim is that all data centers will move into space, and that SpaceX will completely own that market.
This sounds amazing until something needs replacement. Until data centers on earth has a 99.99% (or higher) level of autonomous operation with very minimal requirements to maintenance and part replacements, they're not sending anything into orbit...
Apologies for the naivety, but, why is SpaceX valued so high? Starlink? Are rockets really a lucrative business? Don’t get me wrong, being able to send objects up into orbit is cool, but is it $1.8T cool?
That or the good ol’ « dump it on retail » scheme
Earlier quoted context omitted.
This sounds amazing until something needs replacement. Until data centers on earth has a 99.99% (or higher) level of autonomous operation with very minimal requirements to maintenance and part replacements, they're not sending anything into orbit...
I also sounds amazing until you remember how hard it is to cool something when your only option is radiative cooling.
Earlier quoted context omitted.
Elon achived this valuation by merging xAI into SpaceX. The future of xAI is questionable, and without it SpaceX is very overvalued.
SpaceX has the potential to be the most valuable company ever if the space economy expands. Starlink will be a tiny puzzle piece by then. How is this even debatable.
For those commenting that this decision may have a political element: Greenland is a part of the Kingdom of Denmark. Musk is a prominent Trump/MAGA supporter, and Trump has threatened to annex Greenland by force. SpaceX is part of Trump's Golden Dome project, and one of the reasons that Trump wants Greenland is to site ICBM detection and interceptor systems.
(Apologies for the bad grammar, my son was born a little over 24 hours ago. I’m choosing not to use a LLM, so you are getting the real me) Even sovereign funds (example Norway) are invested in American tech, funds, and indexes. It is interesting to think about (from the perspective of an immigrant to Norway) how I moved my life’s savings from the US to Norway. I’m now fully invested into Norway (real estate, savings,…
As a Nordic (Finland), I think this is true. In the history, US has been always admired and we've loved to travel there and cherish the culture. Damn, I was there when Conan O'Brien traveled to Helsinki, and greeting him with this massive crowd of people who really love him. I married an American, I've traveled through the country multiple times with my partner. Love the food, people, the nature, the cities. But this…
That is nothing new. It's how it's been forever. And not only arriving in the USA, but also Canada, Germany and other places.
Earlier quoted context omitted.
Elon achived this valuation by merging xAI into SpaceX. The future of xAI is questionable, and without it SpaceX is very overvalued.
SpaceX has the potential to be the most valuable company ever if the space economy expands. Starlink will be a tiny puzzle piece by then. How is this even debatable.
I wanted to see how well Akademikerpension has done wrt. returns. This graph shows average yearly return from the financial crisis 2009 until 2021 and they are actually the best performing among other Danish pension funds [1]. [1] https://www.finanshus.dk/wp-content/uploads/2023/02/Pensions...
I really want a QQQ/VOO replacement that excludes these new rushed IPOs that are just exit liquidity. There are ETFs that exclude harmful industries like gambling, weapons and tobacco. How about an ETF that doesn't include IPOs for six months or until insider lock ups periods are over.
The point of these broad ETFs is that they include everything. Let the market decide. Of course they should own one of the largest public companies in the world. They're changing the rules on inclusion because the ipo is unprecedented and not owning it because [reasons] would be a dereliction of their duties. You want an ESG fund Also I dont see how weapons companies are harmful. Unless you're so naive to think defen…
For those commenting that this decision may have a political element: Greenland is a part of the Kingdom of Denmark. Musk is a prominent Trump/MAGA supporter, and Trump has threatened to annex Greenland by force. SpaceX is part of Trump's Golden Dome project, and one of the reasons that Trump wants Greenland is to site ICBM detection and interceptor systems.
All good points, but I think their main point of poor governance is still the pure motivation.