Yeah its insane anyone would touch it with a ten foot pole given the rigged share system.
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Another article discussing this without mincing words:
"Equity investors are one thing, but bond guys are the grown-ups in the room," Beauchamp told CNBC via email. "SpaceX might find it has its work cut out for it, but I suspect the market can absorb the issuance overall."
I'm taking that to mean that SpaceX might have a bit of a valuation change as investors decide what they'll pay to be a part of this grand adventure in creative accounting.
Man, remember when the only company that did creative accounting was Enron?
Let's not talk about Bond, talk about Decker! Surely my Oscar pick! 🍿 🍿 🍿 🍿 🍿 🍿 🥤 🥤
Nobody cares about the bond market, bonds are boring! We're all about the exciting stock market where fundamentals don't matter. Make sure to always buy the dip.
Now that Elon became a cartoon villain He lost the good will of the people supporting His "Meh" ideas
None were even his ideas in the first place, he just bought the companies using daddies apartheid diamonds from his diamond mine and pretends that he is Tony Stark.
The only addition he has made to any of the companies he has bought has been to try and call them all some variation of 'X'.
They're a key part of the moon missions. The stock will go off once that's in the new cycle. Elon will also do his media buys to make him look like he did all the work.
I bought 31 bucks worth so I really have zero skin in the game. But he's shooting for mars and will have to settle for LEO...
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