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TheBlight 5 hours ago

Ok then short SpaceX stock when it IPOs.

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techblueberry 2 hours ago | parent | next [-]

Why would you short the stock?

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taurath 5 hours ago | parent | prev | next [-]

What does stock price have to do with anything?

That someone could put a data center in space for the price of 100 years of eliminating world hunger doesn’t mean shit.

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satvikpendem 4 hours ago | parent [-]

People always make this claim about world hunger elimination with no sources. Keep in mind we make more than enough calories to feed everyone on the planet many times over, it's a problem of distribution, of getting the food to the right areas and continuing cultivation for self sufficiency.

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taurath 4 hours ago | parent [-]

That’s right, it’s an allocation of resources problem, and some people seem to control almost all the resources.

	▲	satvikpendem 3 hours ago \| parent [-]
		Even the most magnanimous allocators cannot defeat the realities of boots on the ground in terms of distribution. It is a very difficult problem that cannot be solved top down, the only solution we've seen is growth of economic activity via capitalistic means, lifting millions, billions out of poverty as Asia has done in the last century for example.

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CamperBob2 22 minutes ago | parent | prev | next [-]

If you're hellbent on arguing with a cult, it will be much cheaper to go down to your local Church of Scientology and try to convince them that their e-meter doesn't work.

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Sohcahtoa82 4 hours ago | parent | prev [-]

As if company performance actually affected stock price when it comes to anything Elon Musk touches.

For fuck's sake, TSLA has a P/E of a whopping *392*. There is zero justification for how overvalued that stock is. In a sane world, I should be able to short it and 10x my money, but people are buying into Musk's hype on FSD, Robotaxi, and whatever the hell robot they're making. Even if you expected them to be successes, they'd need to 20x the company's entire revenue to justify the current market cap.