Tell HN: The bloatification of SpaceX stock has started

6 points by mandeepj 28d ago ↗ HN

Musk is already promising $1T revenue by 2030 https://finance.yahoo.com/markets/stocks/articles/musk-says-spacex-could-bring-054636977.html

Same playbook from Tesla. Make outlandish statements to artificially pump the stock. There will be quarterly losses, but stock will continue to go up, and probably the company valuation will hit $4T soon.

2 comments

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beernet 28d ago ↗

So what exactly are you telling us here? If you believe the "bloatification" has started only after the IPO, you are very late to the party

spikels 28d ago ↗

Musk never promised $1T revenue by 2030. Maybe that's the problem here.