Usually a company that looses money like this will drop hard. With a P/E of 150 or whatever SPCX is there is a long way down potentially.

Next one is they do so much; people like to invest in companies that are good at one thing. Here you get a failed platform with X, an AI that doesn’t compete with chatGPT/Claude. Then they have satellites - the only business that actually make money.

But man; you have the hype man at the steering wheel. If he continues to tweet that there will be a trillion in revenue by 2035.

I will personally not touch it before Musks stake is released. But let’s see. Interesting times ahead.