I have nothing to say about this company's long term potential, but I'm curious to know whether this will become an enormous "tik stok" like SK Hynix became in South Korea. I've watched a short documentary about the investment mania in SK and it's really scary.

▲

samrus 5 hours ago | parent | next [-]

If the chinese government feels its critical to china's success then it will be backed like alibaba and wechat and others were

	▲	Hasz 21 minutes ago \| parent \| next [-]
		the company, sure. The stock or people who own in, less clear.
	▲	thenthenthen an hour ago \| parent \| prev [-]
		Jackie Ma of Alibaba was basically exiled for some time because he got cocky (and too powerful/rich?).

▲

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

Tesla is kind the same. Everybody bought it, because it went up so much, less because of the product. I guess every AI would do the same.

▲

rokkamokka 5 hours ago | parent [-]

I wonder what the effects of TSLA dropping to reasonable levels (a drop of about 90%) would look like.

▲

Schlagbohrer 4 hours ago | parent [-]

Morgan Stanley said that SpaceX's space activities are only worth $8 per share...

	▲	fragmede 4 hours ago \| parent \| next [-]
		Morgan Stanley's target price for SPCX in their report is $300, with $8 being the space component, and the $292 being everything else, like what actually gets put into space. The Morgan Stanley report doesn't say SPCX is worth $8/share. Just wanted to be clear and not have a conversation based on vague implications.
	▲	rapsey 4 hours ago \| parent \| prev [-]
		Most people here seem to have a serious misunderstanding of what a stock price means. It reflects investor expectations. Not current revenue.

▲

addozhang an hour ago | parent | prev | next [-]

South Korea has opened its financial doors to the outside world, and since SK Hynix is a publicly traded company, that's allowed capital to flow in and take control of the company.

▲

chii 4 hours ago | parent | prev [-]

> the investment mania in SK and it's really scary.

i mean, it shouldn't be scary, because their failure is their own, and i doubt there would be collateral damage outside of those high risk investors.

It's scary for _them_, but it's an interesting case study for an outsider.

	▲	thephyber 3 hours ago \| parent \| next [-]
		There's a lot of speculation in your comment. I lived through the crash of 1989, the Dot Com crash in 2000, the GFC of 2008, and whatever the crash and WSB speculation in 2020 were called. None of them had a tiny blast radius like you suggest.
	▲	fwip 2 hours ago \| parent \| prev [-]
		If 30% of adults in your country suddenly lose, say, half their wealth from a stock market crash, it's going to affect everyone in the country - not just the investors. To use an example, the Great Depression wasn't sunshine and roses even for the people who kept all their money under the mattress. Their job was just as likely to go out of business.