Who here was dumb enough to buy SpaceX in the belief?

[Java]

that it’s all about rockets and colonizing Mars?

I can think of one person

you can admit it if you want if you want to be truthful

 

most people are just low information investors just like they are low information voters

 

SpaceX has a great story. It’s just not what you think.

[RWC]

Move me to head of the class I’m the dummy who bought Space X at 135 lol, just like I was dumb enough to buy Dell at $54 and Vertiv holdings at $75 back in 23. I guess investing in anything involves risk like buying a business, a race horse, real estate or even a football coach for $12 mil a year. You hope over time it pays off.

 

[Java]

Oh I’m not saying buying it was dumb.  I would have debated it at $135.

history tells us with amazing meta google Alibaba that these over hyped tech ipos wash the retail investors out in year 1 especially as the 6 month lock up period ends.  So I thought I’d see where it went.  I have no problem with the company.

what I have a problem with is low information investors and gamblers.  Space X value is absolutely not in the rockets and colonizing mars and carrying payloads for nasa. That single or double digit billions.

the reason it is a 1.7 trillion dollar market cap and worth more than Amazon 5 days in is based on something else entirely and I’m just curious if folks did the research or cared

[Author]

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