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by ericmay 11 days ago
> I have to live in this economy, unfortunately.

Sure but that applies to all of us with anything we disagree with. I think taxes are too high. "Blah blah do XYZ" I can just say "I have to live in this economy, unfortunately.". Ok.

Your argument is basically "in my opinion SpaceX is overvalued, therefore a lot of pump-and-dumps are going on and retail investors are buying them and losing money, therefore the economy is rigged" or something along those lines. Feel free to reframe it how you'd like but that's the gist of it. At the end of the day it's just not very coherent and I've repeatedly pointed out systematic reasons that it's wrong, I've pointed out how your valuation of any specific company is incomplete, and finally as you've tried to piece these things together you still have not made a consistent point and you've meandered around basically just complaining without really bringing anything to the table here. If SpaceX or any other company that is going to IPO is a pump-and-dump, show your work. At the end of the day it's just your opinion, and one in which most of society disagrees with.

> I don't think anyone has really had to value a planet yet.

Sure, but that doesn't mean it's not possible or that you can't actually value the resources and minerals.

> (I'd assert Earth is at least as priceless as, say, the Mona Lisa.)

I'd mostly argue the same, but what something is worth is mostly just an opinion.