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The Economist: Exactly. I live there. That is nonsense. The numbers also disprove what you say. London is a much safer city than any city in the US. You have painted Europe and the UK as overrun with terrifying Muslim immigrants, there's rape on every corner, there's civilizational destruction.
The Economist: Exactly. I live there. That is nonsense. The numbers also disprove what you say. London is a much safer city than any city in the US. You have painted Europe and the UK as overrun with terrifying Muslim immigrants, there's rape on every corner, there's civilizational destruction.
$2T+ valuation on a company that generates $19B in revenue and a $9B loss, burning ~$20B in cash flow...should be on that mtv show ridiculousness.
Bankruptcy within 5 years isnt out of the question.
So like those corporate raiders that buy a company to raid its assets and make millions driving it into bankruptcy? Only he starts the company and does it himself? Much more efficient.
But what do I know? I'm a risk adverse financial idiot.
Yeah, it's tanking right now. I suppose it is because of the bonds that they just put up for sale. I'm even.
I'm in it for S & G's and maybe a long thing. One thing I've learned watching Musk over the years is to expect high volatility.
From Reuters this morning :
Moody's issued âa "Baa1" and Fitch a "BBB+" rating, indicating that SpaceX's debt is considered investment-grade â and carries moderate credit risk, with sufficient capacity to meet its financial commitments.
This could be shits and giggles or spacex and grok, and it really doesn't make any difference. Any other company with these financials and this governance structure wouldn't even bother with a rating. This is pure cult of personality.
Yes, musk has volatility at the base of all his companies. They lose a lot of money, they don't do things the 'right' way. And they are propped up by people believing "he's a genius, so it must be good". He buys the dips and sells on his tweets. He's making money playing the spread, the company is just the tool.
$2T+ valuation on a company that generates $19B in revenue and a $9B loss, burning ~$20B in cash flow...should be on that mtv show ridiculousness.
Bankruptcy within 5 years isnt out of the question.
Yeah, it's tanking right now. I suppose it is because of the bonds that they just put up for sale. I'm even.
I'm in it for S & G's and maybe a long thing. One thing I've learned watching Musk over the years is to expect high volatility.
From Reuters this morning :
Moody's issued âa "Baa1" and Fitch a "BBB+" rating, indicating that SpaceX's debt is considered investment-grade â and carries moderate credit risk, with sufficient capacity to meet its financial commitments.
I did. 9 shares. Dumped a flatliner and put it into SPCX and I'm up 12%.
Yeah, I know that IPO's traditionally tank shortly after issuance. So go ahead and laugh at me for being stupid.
Worth the risk to me is all I can say.
So am I now a war criminal for buying in ?
Oh, and my R 2000 index is up 17%
$2T+ valuation on a company that generates $19B in revenue and a $9B loss, burning ~$20B in cash flow...should be on that mtv show ridiculousness.
Bankruptcy within 5 years isnt out of the question.
