u1hcw9nxThe SpaceX IPO: retail investor notes
https://report.bearblog.dev/the-spacex-ipo-will-be-the-perfect-storm-of-retail-investor-fallacies/
The post fails to mention that spaceX is not just a rocket company. Bundled with it is xAI, which is presumably losing money hand over fist. Package enough risk together and sell for a higher price to retail consumers. We’ve seen this play…
Unfortunately, shorting it means betting that space data centers won’t happen (I’d happily take that bet) and that some fuckery won’t extend the inflated valuation beyond my ability to hold the position.
> Unfortunately, shorting it means betting that space data centers won’t happen (I’d happily take that bet)
This seems like an easy bet to win, though I don't know what you were responding to now that it's flagged. It's hard to imagine 'space data centers' being a meaningful product or infra in the collective lifetimes of anyone posting on this site.