[elp]

Elon Derangement Syndrome I presume.

Some of the pessimists are absolutely perma-bears who hate any thing to do with Elon to the point of madness, but still doesn't change the fact that this IPO makes no financial sense no matter how reasonably you try to look at it.

I listened to all 3 hours of the Dwarkesh interview with Elon. I would really really love to see mass drivers on the moon, but all the facts were obviously made up on the spot. This wasn't just the usual Elon exaggerating. It was pure fantasy stuff. All the hard engineering questions were just being hand-waved away along with reasons of why the data centers couldn't be here on earth.

Combine that with the fact that Elon will retain complete control of SpaceX. Yeah no. I wouldn't be crazy enough to short the stock but I really don't want any of my money in it either.