[malfist]

Sorry, but I'm not pricing a stock today based on the assumption that this country will turn into a theocratic autocracy with a 70% YoY inflation rate for 15 years.

Besides, if I was pricing that in, I'd be buying indexes and not a specific stock. The 70% YoY inflation would rise all tides. Not just SpaceX.

[marcosdumay]

Nothing the GP said makes SpaceX a better stock. It would just make the promise technically true in a way that doesn't benefit any investor.

Or, in other words, it's a joke.

[bluGill]

If inflation is really that high I'm buying hard assets that won't depreciate. Sure I will need some cash, but gold bars in my personal safe suddenly are a great investment (gold is generally a terrible investment, but when inflation is the main concern is is really good)

[threetonesun]

Until SpaceX finds that golden asteroid.

[overtone1000]

True believers will leverage themselves all the way to the moon by selling gold calls so they can buy more SpaceX calls.

[scottyah]

But these insane valuations are leading the tide-rising. This is one instrument in inflation because it's "creating" this money from nothing. All the employees that got a $5k bonus 5yrs ago will see it rise to $50k (or more) out of thin air (crazy financial mechanisms).

[voidfunc]

Will? It already has turned into one.

[sidewndr46]

Isn't SpaceX uniquely in the position to benefit from that kind of government?