There's a lot of noise about NASDAQ index fund investors piling in, which will probably include a lot of retirement plans and pension funds
I can't imagine they're that dumb but that may well be a failure of imagination on my part
So is anyone in here stupid enough to buy Spacex stock at the projected valuation?
There's a lot of noise about NASDAQ index fund investors piling in, which will probably include a lot of retirement plans and pension funds
I can't imagine they're that dumb but that may well be a failure of imagination on my part
I love my starlink at the Colorado house but the projected valuation is ridiculous. He saddled the rocket part with the money hemmoraging X and AI part. The whole thing is worth maybe 700 billion instead of the 1.5 trillion projection, plus Musk still controls 85% of the stock. All the moving parts required to get to the point of orbiting data centers are many years down the road.
we were supposed to have self-driving cars and people on Mars by now, are those still part of the plan?
https://bsky.app/profile/maxkennerly.../3mnws7voqyk2qHi! I'm Bret Rhett Chet, here to tell you why you should buy and hodl SpaceX stonk. For a mere $135/share, you get pro forma tangible book value of $7.85/share, an immediate 94% dilution. New investors are putting up 48% of all capital ever invested in SpaceX in exchange for 4.2% of the shares.
Shareholders have no rights at all; Musk keeps 82.4% of voting power via 10-vote shares, and it's formally a "controlled company" with no independent board majority. Oh, and ~911M insider shares, nearly 2x the public float, unlock two days after the first earnings report, a tsunami of dilution.
https://www.cnbc.com/2026/06/10/cpi-...-may-2026.htmlConsumer prices rose 4.2% annually in May, highest in three years
Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense.
The consumer price index, a broad gauge of goods and services costs across the U.S. economy, rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%, the Bureau of Labor Statistics reported Wednesday. Both numbers were in line with the Dow Jones consensus though the monthly number was 0.1 percentage point below the April reading.
Inflation climbed above 4% for the first time in three years, though the increase met expectations amid concerns over how much the surge in energy prices would impact the economy. The level was the highest since April 2023 and above the 3.8% reading from April.
...
SpaceX reported an adjusted EBITDA of approximately $6.6 billion for the full year 2025, according to its draft IPO prospectus and roadshow materials
Key financial details surrounding this figure include:
Revenue: Total revenue for 2025 was $18.7 billion, a 33% increase from the previous year
Profitability by Segment: While the company reported a GAAP net loss of $4.9 billion due to heavy capital expenditures and the integration of xAI, its Starlink segment was the primary profit driver, generating roughly $7.2 billion in adjusted EBITDA
AI Segment Losses: The artificial intelligence division (which includes the recently acquired xAI) reported a negative adjusted EBITDA of approximately $1.2 billion in 2025, contributing to the overall net loss despite generating $3.2 billion in revenue
Sooooo 273 X EBITA? Normal in a sale is around 3, max around 10
I'm going to ask Grok if this is a rug pull.
DJIA down 953 points today
IF YOU'RE NOT MAKING MONEY OFF THIS STOCK MARKET YOU MUST BE DOING IT WRONG
Meh. Nothing to panic about. Was down 30k in two days, back up 10 today. Still up 12% year to date after all that.
It's a volatile roller coaster where nothing is predictable except for the usuals. You're basically on your own if you want to take chances.
NASDAQ futures down ~2.7% -- 800 points
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BLAKE CRAMER
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TSA down to one subject he'll post about: other posters.
If that AI bubble bursts, he may move to Korea permanently.
People are starting to realize there's no real reward for hyperscaling.
Communities around hyperscalers are definitely realizing the cost
NYT sounds a tentative all-clear
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NYT today
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NYT two years ago
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