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by senectus1 26 days ago
Dont forget that buying in on spaceX IPO is really just buying in on XAI/ X/Twitter and starlink.

The "rocket ship" company is a very small part of SapceX.

and tbh.. most of the buyers of spaceX are really just going to be 401k investments....

1 comments

X and xAI are also bad investments. Starlink is plausibly this valuable, but only if China doesn't clone all the parts and sell the same idea to much of the world, at a minimum forcing down margins and possibly undercutting entirely.