Live data from Hacker News

SpaceX's post-IPO plunge sets tense backdrop for first earnings report

cnbc.com

1–5 of 5 posts

Re: SpaceX's post-IPO plunge sets tense backdrop for first earnings report

#3
post #2

> Much of the investment thesis for SpaceX is a bet on Musk and his promise to build data centers in space and eventually send humans to Mars while trying to win in AI. Enough said.

In other words, there is no rational thesis for investing in SpaceX.

Re: SpaceX's post-IPO plunge sets tense backdrop for first earnings report

#4
post #2

> Much of the investment thesis for SpaceX is a bet on Musk and his promise to build data centers in space and eventually send humans to Mars while trying to win in AI. Enough said.

In other words, there is no rational thesis for investing in SpaceX.

Only the greater fool theory, perhaps.

Re: SpaceX's post-IPO plunge sets tense backdrop for first earnings report

#5
post #4

Earlier quoted context omitted.

In other words, there is no rational thesis for investing in SpaceX.

Only the greater fool theory, perhaps.

Hopium and speculation is still not a "rational" thesis.