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OGBuzz

(755 posts)

10. And Elon Musk owns approx. 42% of Space X, so his net worth will increase by $750 billion and send him...

Reply to question everything (Original post)

Tue Jun 2, 2026, 09:04 PM

14 hrs ago

well on his way to $2 trillion. There is something obscene about all this.
But hey, Elon did manage to destroy USAID causing the deaths of over 750,000 people (so far) due to stoppage in medical, nutritional, and humanitarian aid.

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flamingdem pat_k

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Highlight:

SpaceX valued at just $780 billion by Morningstar, less than half its IPO target [View all] question everything 17 hrs ago OP

stupid piece of crap is only 'worth' a few 100 million. Everything else is HYPE. don't fall for it !! dave99 17 hrs ago #1

"only 'worth' a few 100 million" EX500rider 16 hrs ago #4

revenue -- final line ? dave99 16 hrs ago #6

If Starlink income wasn't swamped by xAI losses it might be a decent investment. pat_k 12 hrs ago #13

Their revenue is less than their expenses. Shipwack 9 hrs ago #22

Trump said his shit "company" was worth at least $100 at it's IPO all those years Bengus81 3 hrs ago #31

Musk is counting on irrational exuberance among his cult followers to keep early demand high for the stock muriel_volestrangler 17 hrs ago #2

Over the last year I have backed out of all my large-cap and index-tracking funds. paulkienitz 11 hrs ago #17

The forced Nasdaq buying sure looks like a scam flamingdem 9 hrs ago #20

Lots of competition in Space Exploration bucolic_frolic 17 hrs ago #3

I doubt even that makes sense. Nt BootinUp 16 hrs ago #5

Who could have known that there was a massive downside risk to being hyperpartisan and nationalist Prairie Gates 16 hrs ago #7

I hate that the SpaceX piece of shit will probably be added to my XMAG ETF. pat_k 15 hrs ago #8

$60 to $70 billion tops WSHazel 15 hrs ago #9

And Elon Musk owns approx. 42% of Space X, so his net worth will increase by $750 billion and send him... OGBuzz 14 hrs ago #10

i think teh IPO will mark a market top moonshinegnomie 13 hrs ago #11

Wouldn't nvidia be the beneficiary of Space X success? flamingdem 9 hrs ago #21

The felon shoveling hundreds of millions of our tax dollars at the Mag 10 is propping things up. pat_k 7 hrs ago #26

it may be moonshinegnomie 2 hrs ago #32

Can SpaceX install data centers in space on Elon's timeline? eringer 12 hrs ago #12

There is no good business case for data centers in space. paulkienitz 11 hrs ago #16

Environmental Issues Must be Overcome eringer 10 hrs ago #18

There is no way you can make the math work paulkienitz 8 hrs ago #24

Lots of technical reasons against it happening, too. Shipwack 9 hrs ago #23

Agree that the problems seem insurmountable eringer 6 hrs ago #28

How many times have Elon's timelines been met? LudwigPastorius 10 hrs ago #19

...like they're making "short work" of the Starship? paulkienitz 8 hrs ago #25

Well maybe if Muskrat should fix the issue of his rockets exploding.................. turbinetree 12 hrs ago #14

Musk's rockets don't explode, they experience unscheduled rapid disassembly pat_k 6 hrs ago #27

And taxpayers are paying for this exploding stuff............I wouldn't trust this device for moon exploration turbinetree 1 hr ago #34

Morningstar is being wildly optimistic. paulkienitz 11 hrs ago #15

My 23 year old Mercedes is worth at least forty million dollars. twodogsbarking 3 hrs ago #29

and looks like barbtries 3 hrs ago #30

Our tax dollars at work. Emile 2 hrs ago #33