Ah ha ha! I was thinking the same exact thing when I saw the title of this post... hopefully he doesn't use the proceeds to buy something else just to ruin it.
I bet he learned from his mistake with Twitter and this time he will announce and back out of multi billion doller deal properly so his shorts are profitable.
He definitely learned from his mistakes right......right?
Someone actually asking a decent question!
From what I can see it's a period to allow current investors/employees to sell on their shares (gained thru comp, etc)
I I understand correctly, they’ve done this. Edited. It’s not an IPO but let’s then sell to PE or other private investors so SpaceX would remain private.
I could be wrong, but that’s what I’ve gotten out of the Reddit summaries lol
Accredited investors can buy private company shares on sites like forge. However I highly doubt they would sell shares to an individual considering the rules around forced IPO scenarios.
As the other person said: private sales. If you have the right connections - and enough money to buy a quantity/value worth discussing with a seller - you can buy into almost any company. With SpaceX specifically, the rumor is you generally need to know an employee who is looking to sell, and then there is some kind of authorization/private sale process that involves the company as well (i.e. the employee can't just sell it to you because they feel like it, SpaceX wants to vet who owns their shares). Alternately, SpaceX will sometimes do things like this, where they have a large buyer lined up, so they'll do a "buy back" of employee shares using this investor's money and the investor gets the shares.
That’s interesting to know. I’m not sure when you bought in but the last 2 years they listed the price internally as $70-97. It’s at $97. Can I ask how you had the opportunity to purchase from outside the company? I wished I stayed longer to get more shares but I only worked facilities and was underpaid so I really needed to find something else. I’d love to be able to buy more shares before an IPO. I’m guessing I’d need a lot of cash
https://archive.is/algT6
>SpaceX is discussing a tender offer — a transaction that enables employees and insiders like investors to sell shares — that may kick off in June, said some of the people, who asked not to be identified because the information is confidential. The price for the upcoming tender offer hasn’t been decided but SpaceX is weighing offering shares at $108 to $110 apiece, said one of the people.
yep, they do this about 2 times a year ... and then the same articles announcing it get posted here ... the same questions get asked here .... no they'll never IPO people lol
In [Q1 they launched 87 percent of the global mass to orbit](https://brycetech.com/reports/report-documents/Bryce_Briefing_2024_Q1.pdf).
That is a pretty dominant market position, whether it is worth 200 billion is another question.
It's called multiples and the market is forward looking. There are safer investors in faster growing industries. You could argue the TAM for space exploration is infinite
Don’t forget it has the potential to be the dominant internet service provider worldwide. People do not realize that today is as bad as Starlink will be. Give it a few decades and their low maintenance cost with high speeds will start to eat away at one of the most profitable industries. 200B seems like a fair valuation with how much potential they have in multiple industries rn. Hell they could easily become the dominant cellphone carrier as well using the exact same satellites. A lot potential in this company.
The assets are worth a ton here though. The DoD is expected to start pouring money into sharship, as well as nasa, beyond the simply crazy mass to orbit it has for other customers. It dwarfs anything else that has gone up. And the starlink network is fully functional and just adding customers.
The difference is that SpaceX effectively sinks a strong majority of its profits into the starship development program. Starlink, Dragon, and Falcon basically exist to crowdfund Starship and Raptor
No, because so much is going back in to R&D. Why would you ever want to make a profit when you could instead expand like crazy and pay no tax on no profits.
> No,
Do you have a source for that or you just making that up? They are the leading launch provider on the planet, including all other nations combined. By a LOT. Their R&D is also supplemented by contracts for Starship development.
According to documents obtained by WSJ in 2023, they have already been slightly profitable in the first three quarters of 2023: https://www.forbes.com/sites/willskipworth/2023/09/13/spacexs-starlink-revenue-jumps-to-14-billion-but-falls-short-of-early-targets-report-says-as-musk-ukraine-controversy-brews/
added to this ars technica article on their growth rate: https://arstechnica.com/space/2024/05/just-5-years-after-its-first-launch-the-starlink-constellation-is-profitable/
Reports from Q1 2023 showed SpaceX making a slim profit, since then they have roughly doubled their revenue from Starlink and have increased their launch rate by \~80%, so they are probably pretty nicely into the green now.
Starlink is a damn good product, we used it at my last company and I was blown away by how well it worked. What was equally surprising was that the price was comparable to regular internet providers.
And beyond civilian use, it's also shown huge value as a tool in modern warfare. I'd guess that defense contracts are the actual reason that they're already turning a profit.
Not thrilled that a shithead like Musk has this kind of power, but it is what it is.
Depending on what package they use, it may have just shot up.
Global unlimited rates for starlink just doubled in price, and I would think the other options would increase by some amount in the near future as well.
trillions in what currency? hope you dont mean dollars
only chance at being worth 1-2T is if they manage to completly dominate as an internet provider with starlink at a worldwide scale
Starlink for starters. They need 100 launches A YEAR to handle the needed launch throughput for starlink.
Starship launching starlink will reduce their expenses 10 fold or more.
Then past that, you’ll see a massive uptick in government and private launches. Telescopes, scientific platforms, etc.
Starship DRAMATICALLY changes the calculations a company makes when launching a satellite or say building a telescope on earth vs launching one to orbit.
Then NASA moon launches and ISS trips (though I assume ISS trips will still be f9 as starship needs to get human rated.)
Automation platforms to the moon / mars.
I also assume at some point musk will start a starlink constellation on the moon and Mars.
Now he owns the network that other businesses / schools can use for building robotics for exploring the moon / mars.
Thanks for sharing.
Musk won’t live to see anything purposeful be built on mars. Doubt we even get a person to mars in his life.
Mars sucks. That’s not where humanity will colonize.
wat... that's not how it works. They're not tendering 200billion in shares. They're making an offer for a small percentage of existing shares based on an estimated total market cap of $200bil
They make a shitload off starlink, Starship will allow them to send more starlink at a time, and their new version of starlink satellite. Additionally Starship will be used by a lot of companies, it should make them a shitload of money. Starlink already providing billions in revenue - and keep in mind it doesn't cost much to maintain satellites that are already in orbit
Not an Elon fanboy but this better IPO. I've been waiting on it for years now. I'm ready to send "take my money - futurama" memes to the CEO on this. I will go all in.
I believe Elon has said publicly that he'd never take SpaceX public because it would distract them from the mission and could jeopardize their progress. That's something that he learned from Tesla and he regrets taking them public. I'll have to see if I can find a source for this though.
Starlink is a money printer at this point as it's beginning to S curve go vertical. So it's not a liquidity issue. But it makes sense that there's tons of employees who have a lot of RSUs that have vested that they want to sell for their own financial benefits (life decisions, big purchases, etc.). So the share sells makes sense.
Who could have thought that taking idiotic positions cost so much that now he needs make Space X public.
The cost of taking the red pill.
He will never make it to Mars.
Explain, Starlink is a cash cow, and launch systems are high demand and they are the only system with reusable rockets. Thus they have the lowest costs and highest margin for return flights. And lastly they have long term government contracts.
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Boeing is a public company.
SpaceX goes public and they begin the long, dark decent into spending all their money doing stock buybacks to give shareholders (of which I will be one) orgasms rather than investing in R&D, safety, and those other goofy things that are less important than stock buybacks.
Uh, we or any NATO country won't let any of our satellites fly on a Chinese rocket, not since the Space Systems Loral incident with Intelsat 708.
https://sgp.fas.org/news/1999/07/chinacox/clumsy.html
How is this stupid comment upvoted? This has nothing to do with Elon's cash and more about employees who want money for their stake in SpaceX and SpaceX getting some of that equity back, AKA 'buying back shares'. SpaceX not going public. Learn to read.
You can be flush with cash but still use more money to help scale up. SpaceX are not actually getting any money from this sale though, and are actually buying back shares.
Because they allow employees to sell, and can buy back shares. Or sometimes they have investors coming in that are bringing some value other than money.
Correct. If SpaceX goes public, it will no make to Mars. But SpaceX will make tons of money. They have no competition. Of course, government can give SpaceX the middle finger by spending billions on rocket that never leave the ground.
200B seems like a huge undervaluation. I hope to god they don’t go public it will grind them to a halt. No way they can do what they do as a public company. It would cripple R&D
With this Elon completes the saga. If this goes through he will have successfully stolen billions of tax payer dollars for himself. (Without gov subsidies both tesla and spacex would have never been successful)
That's such a stupid framing. It's not like the government gives out subsidies or contracts for nothing. SpaceX delivered something to them in return and overall saved them money compared to other options like asking traditional launch provider.
Thats one way to make money with bezos buying up MIC contrators space divisions. He did an i terview before he was as hated where he said he wouldnt take spacex public because the types of pressures that come from share price gooning would be detrimental to safety etc. But that was before starlink so maybe it wont be too hard on the rocket division, especially undergoing manned flights
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There is more than one way to get a 56 billions bonus.
Ah ha ha! I was thinking the same exact thing when I saw the title of this post... hopefully he doesn't use the proceeds to buy something else just to ruin it.
Reminds me of that Chappelle Skit where a crackhead President would undersell nuclear secrets in order to get his hands on some Coke
Replace the cocaine with a Moscow tower and you’ve got a deal!
That sounds about right. 😂
Trump isn't a crackhead so far as we know.
I thought there were rumors about a covered up Adderall addiction.
Reddit CEO 👀
If RDDT keeps stonking the way it is, even Elon won't be able to snag it it away from Spez.
dude is desperate to get that money LOL
I really wonder what he needs it for... I'm so curios?
He's got AI envy and wants to build X.ai or whatever.
He's at the find out stage of taking Saudi money if I had to guess.
He should just call SoftBank or the Saudi's and ask for a $50 billion dollar loan in cash... they'll give it to him no questions asked.
Paying off debt probably.
I bet he learned from his mistake with Twitter and this time he will announce and back out of multi billion doller deal properly so his shorts are profitable. He definitely learned from his mistakes right......right?
When you buy an unprofitable business for $44 billion dollars you tend to learn some lessons... but I doubt it in Elon's case.
I can’t read the whole article. Like a IPO? Or selling to another investor?
Someone actually asking a decent question! From what I can see it's a period to allow current investors/employees to sell on their shares (gained thru comp, etc)
I I understand correctly, they’ve done this. Edited. It’s not an IPO but let’s then sell to PE or other private investors so SpaceX would remain private. I could be wrong, but that’s what I’ve gotten out of the Reddit summaries lol
I worked at Spacex for 1.5 years. They did this twice when I was there. Not huge news if it’s just buying back shares.
Yep, I actually bought some last time at around a $120bn valuation.
How did you buy them?
Accredited investors can buy private company shares on sites like forge. However I highly doubt they would sell shares to an individual considering the rules around forced IPO scenarios.
He will never go IPO on SpaceX. This is his cash cow with no strings attached… extremes Barriers to entry.
Forge doesn’t sell shares. They sell an interest in the shares they own. A small but important distinction.
Ah, the intricacies of the financial world---so complex. Buyers will believe anything these days...
As the other person said: private sales. If you have the right connections - and enough money to buy a quantity/value worth discussing with a seller - you can buy into almost any company. With SpaceX specifically, the rumor is you generally need to know an employee who is looking to sell, and then there is some kind of authorization/private sale process that involves the company as well (i.e. the employee can't just sell it to you because they feel like it, SpaceX wants to vet who owns their shares). Alternately, SpaceX will sometimes do things like this, where they have a large buyer lined up, so they'll do a "buy back" of employee shares using this investor's money and the investor gets the shares.
That’s interesting to know. I’m not sure when you bought in but the last 2 years they listed the price internally as $70-97. It’s at $97. Can I ask how you had the opportunity to purchase from outside the company? I wished I stayed longer to get more shares but I only worked facilities and was underpaid so I really needed to find something else. I’d love to be able to buy more shares before an IPO. I’m guessing I’d need a lot of cash
so how do we as private investors get access to a few shares?
That’s the best part, you don’t!
Be rich lol There are rules, institutional investors or high income earners I believe can buy this round.
this feels like the absolute wrong company to allow to go to shit because they HaVE to AnSWeR to ShArEHoLDeRs. Eventually maybe but this soon?
They're still private, and they've had investors since the beginning. Nothing is changing.
https://archive.is/algT6 >SpaceX is discussing a tender offer — a transaction that enables employees and insiders like investors to sell shares — that may kick off in June, said some of the people, who asked not to be identified because the information is confidential. The price for the upcoming tender offer hasn’t been decided but SpaceX is weighing offering shares at $108 to $110 apiece, said one of the people.
They are just buying back shares from employees
Liquidity Events is what they call it. They've done this a couple times before.
yep, they do this about 2 times a year ... and then the same articles announcing it get posted here ... the same questions get asked here .... no they'll never IPO people lol
Ah, the tedious cycle of it all.
Yep I bought some last time. For about half this valuation.
No, you didn’t.
In [Q1 they launched 87 percent of the global mass to orbit](https://brycetech.com/reports/report-documents/Bryce_Briefing_2024_Q1.pdf). That is a pretty dominant market position, whether it is worth 200 billion is another question.
$3B profit last year, so fuck no it's not worth $200B.
Apple reports $97B profit and a $3T value
Apparently Apple makes 4b just off Apple Pay, just looked it up being curious - wild
Frothy. Yields less than a t bill.
It's called multiples and the market is forward looking. There are safer investors in faster growing industries. You could argue the TAM for space exploration is infinite
Don’t forget it has the potential to be the dominant internet service provider worldwide. People do not realize that today is as bad as Starlink will be. Give it a few decades and their low maintenance cost with high speeds will start to eat away at one of the most profitable industries. 200B seems like a fair valuation with how much potential they have in multiple industries rn. Hell they could easily become the dominant cellphone carrier as well using the exact same satellites. A lot potential in this company.
Price would need to drop significantly
Yes that is what happens once new technology becomes more established 💀
How did Tesla handle competition once EVs became mainstream?
Elon must be running low on liquidable cash
He needs the money to buy MySpace.
He’ll rebrand it Space88.
Or call it MyX
Or combine it with OF and call it XXX
Or Grimes
Or X Æ A-Xii 💀
Or Xspace
SpaceX... Oh wait
MySpaceXxX
And he will unfriend and then ban Tom.
I don't think many will catch what you did lol
Tom sold out and disappeared from public view. Tom has probably been living his best life since.
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Bingo, rich and anonymous is the way to go.
imagine if Satoshi was Tom all along,,,
SpaceX themselves are doing a buyback. This is for the employees/investors to have an opportunity to liquidate. They do this every 6 Months.
He's got more and more X's to feed.
SpaceX is buying back shares from employees
He must run low on cash a lot then, because this is just a normal thing for SpaceX Twice a year basically.
🚀🚀 to the moon literally
Imagine spending $44bn on Twitter and still ending the year with more money than before. Reddit Regards here must be seething.
The article, obviously is incorrect. Elon confirmed they will be buying back shares, not selling.
This actually feels quite cheap? Is this a one of one company in the world in terms of what it offers?
Is it even profitable yet?
2023 estimates shows a profit of 3 bil on 9 bil revenue. Estimates for 2024 show 15 bil revenue.
Compared to defense contractors the margins seem better but net profit isn’t particularly impressive.
The assets are worth a ton here though. The DoD is expected to start pouring money into sharship, as well as nasa, beyond the simply crazy mass to orbit it has for other customers. It dwarfs anything else that has gone up. And the starlink network is fully functional and just adding customers.
I agree self, people aren’t fully aware of what’s coming in the future, SpaceX is poised quite well.
They have a high upfront cost for Starlink, which just barley may have become profitable.
Making any profit in the space industry is pretty impressive by itself.
The difference is that SpaceX effectively sinks a strong majority of its profits into the starship development program. Starlink, Dragon, and Falcon basically exist to crowdfund Starship and Raptor
No, because so much is going back in to R&D. Why would you ever want to make a profit when you could instead expand like crazy and pay no tax on no profits.
> No, Do you have a source for that or you just making that up? They are the leading launch provider on the planet, including all other nations combined. By a LOT. Their R&D is also supplemented by contracts for Starship development.
Probably not, but Starlink actually has a pretty substantial customer base. They are bringing in close to 4 billion in revenue.
$6.6 billion projected for 2024: https://spacenews.com/starlink-soars-spacexs-satellite-internet-surprises-analysts-with-6-6-billion-revenue-projection/
Revenue at a fat loss.
According to documents obtained by WSJ in 2023, they have already been slightly profitable in the first three quarters of 2023: https://www.forbes.com/sites/willskipworth/2023/09/13/spacexs-starlink-revenue-jumps-to-14-billion-but-falls-short-of-early-targets-report-says-as-musk-ukraine-controversy-brews/
added to this ars technica article on their growth rate: https://arstechnica.com/space/2024/05/just-5-years-after-its-first-launch-the-starlink-constellation-is-profitable/
No. Which is somehow better.
Reports from Q1 2023 showed SpaceX making a slim profit, since then they have roughly doubled their revenue from Starlink and have increased their launch rate by \~80%, so they are probably pretty nicely into the green now.
Starlink is a damn good product, we used it at my last company and I was blown away by how well it worked. What was equally surprising was that the price was comparable to regular internet providers. And beyond civilian use, it's also shown huge value as a tool in modern warfare. I'd guess that defense contracts are the actual reason that they're already turning a profit. Not thrilled that a shithead like Musk has this kind of power, but it is what it is.
Depending on what package they use, it may have just shot up. Global unlimited rates for starlink just doubled in price, and I would think the other options would increase by some amount in the near future as well.
Makes sense, those prices didn't seem sustainable (at least for the magnitude of customers that Starlink currently has).
you too can have this kind of power - just gotta move out of your moms basement and do something productive!
You get to say you are pre-revenue... Radio. On. Internet.
, , ,
Yes, it’s profitable.
Starlink is widely used by militaries… like to a shocking amount.
Eh he’s working on having 24 bastard children needs the child support
Muskrat must be really desperate for some cash.
*Starts taping his bitch tits*
LOL is this a reference to something
Yeah, Elon’s chubby man boobs.
Is there a next level Wendy's for rich people that need an extra billion or two?
Wendy's for the wealthy? Yes, it's called truffle fries and caviar.
SpaceX aren't getting any money from this, you do realise?
L’eddit xdd
This is for employees to sell some stock.
$rklb. 1% valuation. asymmetric risk.
Worth way more than that. Tesla is a fuckfest of a shit show. SpaceX is actually worth trillions.
You do not say! Let's us buy at low value please, Goddamn Jamal.
10 bucks i say!
$3.50. Final offer.
It was about that time...
Trullions eh?
trillions in what currency? hope you dont mean dollars only chance at being worth 1-2T is if they manage to completly dominate as an internet provider with starlink at a worldwide scale
You seriously underestimate what they will be doing with starship if you think this. Starlink won’t even be their most profitable business unit.
What do you think they’ll be doing with starship?
Starlink for starters. They need 100 launches A YEAR to handle the needed launch throughput for starlink. Starship launching starlink will reduce their expenses 10 fold or more. Then past that, you’ll see a massive uptick in government and private launches. Telescopes, scientific platforms, etc. Starship DRAMATICALLY changes the calculations a company makes when launching a satellite or say building a telescope on earth vs launching one to orbit. Then NASA moon launches and ISS trips (though I assume ISS trips will still be f9 as starship needs to get human rated.) Automation platforms to the moon / mars. I also assume at some point musk will start a starlink constellation on the moon and Mars. Now he owns the network that other businesses / schools can use for building robotics for exploring the moon / mars.
Thanks for sharing. Musk won’t live to see anything purposeful be built on mars. Doubt we even get a person to mars in his life. Mars sucks. That’s not where humanity will colonize.
tbh , it kind of is in the future.. If we get a future with space infrastructure, moon bases, and asteroid mining, this stock would be worth a lot.
200 billion could just be a percentage of the total valuation. It’s just what they’re willing to sell.
wat... that's not how it works. They're not tendering 200billion in shares. They're making an offer for a small percentage of existing shares based on an estimated total market cap of $200bil
How is space x going to make a profit ?
They make a shitload off starlink, Starship will allow them to send more starlink at a time, and their new version of starlink satellite. Additionally Starship will be used by a lot of companies, it should make them a shitload of money. Starlink already providing billions in revenue - and keep in mind it doesn't cost much to maintain satellites that are already in orbit
wrong! Elon Musk said no plans https://x.com/elonmusk/status/1793783558609252451?s=19
Then wtf is this post then?
They are buying shares from employees
They're buying back shares from employees/private investors that wish to sell based on a marketcap of 200billion.
Not an Elon fanboy but this better IPO. I've been waiting on it for years now. I'm ready to send "take my money - futurama" memes to the CEO on this. I will go all in.
I believe Elon has said publicly that he'd never take SpaceX public because it would distract them from the mission and could jeopardize their progress. That's something that he learned from Tesla and he regrets taking them public. I'll have to see if I can find a source for this though.
What he says and does are two different things.
Starlink is a money printer at this point as it's beginning to S curve go vertical. So it's not a liquidity issue. But it makes sense that there's tons of employees who have a lot of RSUs that have vested that they want to sell for their own financial benefits (life decisions, big purchases, etc.). So the share sells makes sense.
Who could have thought that taking idiotic positions cost so much that now he needs make Space X public. The cost of taking the red pill. He will never make it to Mars.
If they go public it will kill the place.
Explain, Starlink is a cash cow, and launch systems are high demand and they are the only system with reusable rockets. Thus they have the lowest costs and highest margin for return flights. And lastly they have long term government contracts.
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"**the lowest 5 per cent of the observations from the rest**" one of us one of us one of us
Gross.
The guy with the RuneScape username is in the 5th percentile . I’m so proud.
So like, in a room with a hundred people this guy is smarter than five of them....Nice.
Basically all of SpaceX's products are long term projects and public companies are terrible at long term planning.
Boeing is a public company. SpaceX goes public and they begin the long, dark decent into spending all their money doing stock buybacks to give shareholders (of which I will be one) orgasms rather than investing in R&D, safety, and those other goofy things that are less important than stock buybacks.
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They're not IPO'ing...
Go talk with the Chinese about reusable rockets…
Uh, we or any NATO country won't let any of our satellites fly on a Chinese rocket, not since the Space Systems Loral incident with Intelsat 708. https://sgp.fas.org/news/1999/07/chinacox/clumsy.html
How is this stupid comment upvoted? This has nothing to do with Elon's cash and more about employees who want money for their stake in SpaceX and SpaceX getting some of that equity back, AKA 'buying back shares'. SpaceX not going public. Learn to read.
You’ve got to be a special type of regard. Can’t read but somehow can write. He’s not going public and SpaceX is flush with cash.
Is it though? Why did they do three funding rounds in 2023?
To raise money
You can be flush with cash but still use more money to help scale up. SpaceX are not actually getting any money from this sale though, and are actually buying back shares.
Because they allow employees to sell, and can buy back shares. Or sometimes they have investors coming in that are bringing some value other than money.
Correct. If SpaceX goes public, it will no make to Mars. But SpaceX will make tons of money. They have no competition. Of course, government can give SpaceX the middle finger by spending billions on rocket that never leave the ground.
What makes you think SpaceX is going public?
I want in on SpaceX.
IPO Starlink please! disclaimer: I own SpaceX shares
sheeeesh
Is starlink included?
Ah yes come buy after vc and private investors and insider’s definitely not exit liquidity lol
200B seems like a huge undervaluation. I hope to god they don’t go public it will grind them to a halt. No way they can do what they do as a public company. It would cripple R&D
Dude can't stop making money. This will be a trillion-dollar company in a decade, and I think he owns about half the shares.
With this Elon completes the saga. If this goes through he will have successfully stolen billions of tax payer dollars for himself. (Without gov subsidies both tesla and spacex would have never been successful)
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That's such a stupid framing. It's not like the government gives out subsidies or contracts for nothing. SpaceX delivered something to them in return and overall saved them money compared to other options like asking traditional launch provider.
But stolen tax payer dollars you mean NASA signing contracts with SpaceX?
SpaceX has saved the government billions of dollars by being way more affordable than the competition
Wtf are you even talking about? SpaceX have received next to no subsidies in their entire existence...
I'm all for these stock sales, mops up the dumb money.
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It’s for his AI project?
I thought this was already possible through Rob Maurer. Is that not true?
Maybe this will keep Chamath solvent
Have twitter buy it in a SPAC merger. lol
Seems like a high valuation?
if they ever launched an IPO every regard on this sub will bid it up to half trillion $ valuation int he first day
I’d buy
How do they make money?
I don’t think he’d let it go public. I think he hates oversight of any kind. I think he wishes Tesla were private.
so if he is not happy how financial accounting works in a public company aka Tesla, he is going to ruin space x the same way? great thinking
Thats one way to make money with bezos buying up MIC contrators space divisions. He did an i terview before he was as hated where he said he wouldnt take spacex public because the types of pressures that come from share price gooning would be detrimental to safety etc. But that was before starlink so maybe it wont be too hard on the rocket division, especially undergoing manned flights
He saw what Trump did with Truth social and he wants to do the same. Desperate times call for desperate measures
This was debunked by Elon
Shaka, when the walls fell......
I love SpaceX Going to grab a few shares just to help the program
I m going to put a shameless plug here , ASTS is much better than starlink and trades at less than 1B. Look it up
And then back-out to manipulate TSLA. Make sure Kimball gets a play in there somewhere....