- cross-posted to:
- technology@beehaw.org
- cross-posted to:
- technology@beehaw.org
The bond market’s assessment also jibes with SpaceX’s stock. It’s a profitless, non-dividend-paying, one-person-controlled, empire-building project trading at more than 100 times sales, about 30 times the valuation of the S&P 500 Index. That’s the very definition of a junk stock.
Original link: https://www.bloomberg.com/opinion/articles/2026-07-02/spacex-is-junk-that-s-what-the-bond-market-says
I feel like I’m way ahead of the market.
(If only I knew how to turn that wisdom into money)
Put options are a thing.
But best to stay out of stocks gambling unless you have money to lose.
I’m convinced that to win in today’s market, you really can’t think deeply about anything.
Hyperreality
Hm. Maybe you can’t. How does that help me?
See, you’re still thinking when you ask questions
Why? I am always thinking. All the time, no matter what. So?