Key insights
- The author expresses a short-term bullish outlook on SpaceX, driven by anticipated strong retail investor demand fueled by FOMO and a lack of fundamental analysis. Despite a high valuation, the author believes Elon Musk's track record and the company's technological advancements, including xAI's significant GPU compute capacity, will attract investment. This sentiment suggests potential upward pressure on related tech stocks and the broader market if the IPO performs well, attracting speculative capital.
It's one of those that's obvious in hindsight.
(Please don't give me all the "didn't read, happy for you or sorry it happened" comments. I'm curious for actual discussion).
- Look at the public push, it's insane. In my social circle, a bunch of financially uneducated people are waiting for it. They will not buy in the first hour or even the first day. They'll see how it's going and if it goes up they'll FOMO and if it goes down they'll be afraid to go in. It needs to steadily go up in the beginning for most people to not be afraid. The institutions know this, obviously.
- Yes, the valuation is crazy, doesn't connect to the fundamentals at all. But a huge part of the retail genuinely don't even know what's a market cap or p/e ratio.
- There's a bunch of Elon Musk knuckleheads. They might even counteract the dump part of the pump and dump.
- And this point will be hated by the terminally online autists (I'm talking about you retards). Elon (his teams) have done quite some incredible things. Tesla, SpaceX, neurolink, even on Twitter he has cut down the costs significantly, like really significantly. All these companies are the leaders, by quite big margins as well, in their industries and were the first ones to do their thing. Accelerating these fields years, maybe even like 10, into the future. Tesla not anymore compared to China but anything in the western world - easily. The robots will not take over our chores anytime soon, but damn they'll be amazing factory workers soon™. His timelines are complete nonsense, but he does achieve the things he says he will. Sometimes it might be decades off (Mars) but still years ahead of the competition.
- xAI has A LOT of GPU compute, you don't think about xAI when you hear "hyperscalers" but it definitely is. xAI build a huge data center in half a year, where other hyperscalers take 3 - 4 years to build an equivalent one. You can't deny this shit, when compute is all the hype. Even if LLMs fail, they'll be the king until the next thing comes and it'll require compute anyways. We have *always* needed more and more compute and it's not changing. He managed to build a data center in record time when data centers are one of the most constrained resources currently.
For those that left the didn't read comments just to "annoy me" without actually reading. Get jebaited retards, thanks for the post boost. Mods please delete this post, we need space for more Trump memes.