It's hard to know if SpaceX will flop in a week or in a decade but what I'm pretty confident on is a lot of retail capital allocated in Tesla will be redistributed to SpaceX. So my trade on IPO day will be long $X SpaceX, short $X Tesla. Wait 1 month. Wish me luck.
The SpaceX IPO will be the theft of the century
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Re: The SpaceX IPO will be the theft of the century
#32SpaceX a failure at 83% of mass to orbit. Yoikes.
I'm rooting for SpaceX, but even I can see that there's some extremely dicey work being done to mask the enormous sinkhole of XAi (and Twitter).
Re: The SpaceX IPO will be the theft of the century
#33The point-to-point travel with starship is the one that urks me the most. It is completely unrealistic and will never happen. They have Zürich, Switzerland as a destination. There is no place in all of Zürich to facility such a thing, you will blow out every window in the city at each launch. Absolutely ridiculous that anyone would take this serious. Also don't get me started on data centers in space idea... When the…
Re: The SpaceX IPO will be the theft of the century
#34[flagged]
Now the underlying rules got changed, undeniably in favor and through pressure of few individuals.
Where I come from, we call that a rug pull
Re: The SpaceX IPO will be the theft of the century
#35Anyways, seems like he's keeping the grudge alive.
They were right about a couple of things back then. But majorly wrong in aggregate and with respect to the outcome.
Re: The SpaceX IPO will be the theft of the century
#36It's hard to know if SpaceX will flop in a week or in a decade but what I'm pretty confident on is a lot of retail capital allocated in Tesla will be redistributed to SpaceX. So my trade on IPO day will be long $X SpaceX, short $X Tesla. Wait 1 month. Wish me luck.
How do you know that this isn't already priced by quant firms?
Re: The SpaceX IPO will be the theft of the century
#37How can a public sale ever be a theft?
Re: The SpaceX IPO will be the theft of the century
#38[flagged]
Re: The SpaceX IPO will be the theft of the century
#39So this guy was pretty active in the TeslaQ community. They believed Tesla to be (extremely) overvalued in 2017-2019 on the grounds that they would never become profitable.. or something. They lost a lot of money shorting Tesla. https://www.reddit.com/r/teslamotors/comments/91aha1/montana... Anyways, seems like he's keeping the grudge alive. They were right about a couple of things back then. But majorly wrong in agg…
Re: The SpaceX IPO will be the theft of the century
#40The point-to-point travel with starship is the one that urks me the most. It is completely unrealistic and will never happen. They have Zürich, Switzerland as a destination. There is no place in all of Zürich to facility such a thing, you will blow out every window in the city at each launch. Absolutely ridiculous that anyone would take this serious. Also don't get me started on data centers in space idea... When the…
As a point of reference, the GDP of the United States is roughly $30T.