I’m not sure anything has soured me more on the concept of a rational market than Elon company valuations
"SpaceX, which is expected to target an initial valuation of $1.5 trillion or more, has a financial picture that is notably worse than any other megacap U.S. company. It lost $4.9 billion last year on revenue of $18.7 billion."
www.wsj.com/business/spa...
www.wsj.com/business/spa...
The Secrets Revealed in SpaceX’s IPO Filing
Documents related to SpaceX’s initial public offering show the company is unprofitable and CEO Elon Musk controls 85% of the vote.
www.wsj.com
May 21, 2026 at 3:08 PM
I’m not sure anything has soured me more on the concept of a rational market than Elon company valuations
Remember:
Tesla is included in the MAG7 when it comes to stock valuations but excluded when it comes to earnings 🧐 🧐 🧐
Tesla is included in the MAG7 when it comes to stock valuations but excluded when it comes to earnings 🧐 🧐 🧐
November 13, 2025 at 7:41 PM
Remember:
Tesla is included in the MAG7 when it comes to stock valuations but excluded when it comes to earnings 🧐 🧐 🧐
Tesla is included in the MAG7 when it comes to stock valuations but excluded when it comes to earnings 🧐 🧐 🧐
all valuations are fake and some valuations are really really really REALLY fake
SpaceX's $1.8T "valuation" isn't real, it's manufactured by a tiny 4.2% public float. $1.8T is ~95x SpaceX's trailing revenue. Google IPO'd at ~7x revenue, Facebook at ~20x. This is Snowflake's multiple stapled to Rivian's capital burn, a combo with a flawless record of bagholders.
/2
/2
June 13, 2026 at 7:46 PM
all valuations are fake and some valuations are really really really REALLY fake
This is honestly just making up valuations right here.
March 28, 2025 at 9:46 PM
This is honestly just making up valuations right here.
I mean, yeah. “Please accept as collateral these property valuations so I can appeal my conviction for lying about property valuations” is a BOLD move. Can’t believe it didn’t work.
March 20, 2024 at 7:57 PM
I mean, yeah. “Please accept as collateral these property valuations so I can appeal my conviction for lying about property valuations” is a BOLD move. Can’t believe it didn’t work.
We've started the era of suicide rounds. Gonna see some whacky valuations that will lead to inevitable down rounds.
ScaleAI, a buzzy data-labeling startup, is seeking a $25 billion valuation in a potential tender offer, according to sources who have seen the deal.
ScaleAI is seeking a valuation as high as $25 billion in potential tender offer, according to sources
ScaleAI, a buzzy data-labeling startup, is seeking a $25 billion valuation in a potential tender offer, according to sources who have seen the deal.
www.businessinsider.com
March 28, 2025 at 8:55 PM
We've started the era of suicide rounds. Gonna see some whacky valuations that will lead to inevitable down rounds.
And further, his investments and business holdings aren’t worth nearly as much as you think. In fact, not even close.
His “wealth” is based on the *valuations* of his companies. And the valuations of his companies is mostly HYPE.
In other words, his wealth is ALL HYPE AND NO SUBSTANCE.
+
His “wealth” is based on the *valuations* of his companies. And the valuations of his companies is mostly HYPE.
In other words, his wealth is ALL HYPE AND NO SUBSTANCE.
+
December 21, 2024 at 5:14 PM
And further, his investments and business holdings aren’t worth nearly as much as you think. In fact, not even close.
His “wealth” is based on the *valuations* of his companies. And the valuations of his companies is mostly HYPE.
In other words, his wealth is ALL HYPE AND NO SUBSTANCE.
+
His “wealth” is based on the *valuations* of his companies. And the valuations of his companies is mostly HYPE.
In other words, his wealth is ALL HYPE AND NO SUBSTANCE.
+
This is the truest thing in the world. Dude got rich with vaporware and then used govt handouts to pump up artificial valuations while getting most of his income from trading carbon credits.
If you want to play Atlas Shrugged, Elon Musk isn't Dagny Taggart or John Galt. He's a moocher and a looter.
Elon Musk Thinks He’s an Ayn Rand Hero. Nope: He’s One of Her Villains.
Recent years have revealed the Silicon Valley venture capitalists and tech entrepreneurs who worship Rand to be racists, fraudsters, and looters.
www.thebulwark.com
March 10, 2025 at 10:09 PM
This is the truest thing in the world. Dude got rich with vaporware and then used govt handouts to pump up artificial valuations while getting most of his income from trading carbon credits.
I also think 'panic the AI is getting too smart' is part of the marketing for companies whose absurd valuations depend on this being hyper smart and hyper useful
I do find this whole thing a bit weird. Anthropic could, literally, stop or change what they are doing at any time www.theguardian.com/technology/2...
Anthropic says the world should have option to ‘pause’ on AI
US firm says it will convene policymakers for discussion of dangers, in post detailing progress of its Claude model
www.theguardian.com
June 6, 2026 at 9:49 PM
I also think 'panic the AI is getting too smart' is part of the marketing for companies whose absurd valuations depend on this being hyper smart and hyper useful
Only -98% more to go until we get to the neighborhood of reasonable valuations
lmao lmao lmao lmao lmao lmao lmao lmao finance.yahoo.com/markets/stoc...
SpaceX stock tumbles 16.4%, shaving off most IPO gains since debut
SpaceX stock fell again on Monday, now poised for three straight down days after a massive run-up following its IPO earlier this month. SpaceX also confirmed its first-ever bond issuance in a filing.
finance.yahoo.com
June 22, 2026 at 8:58 PM
Only -98% more to go until we get to the neighborhood of reasonable valuations
Futures, more like pasts (valuations)
April 7, 2025 at 8:57 AM
Futures, more like pasts (valuations)
With Alphabet now valued at $3 trillion, California is home to three of the four companies with the highest valuations in history.
The Golden State is the epicenter of American innovation and driving national economic growth.
We have no peers — and no other state comes close.
The Golden State is the epicenter of American innovation and driving national economic growth.
We have no peers — and no other state comes close.
September 22, 2025 at 9:16 PM
With Alphabet now valued at $3 trillion, California is home to three of the four companies with the highest valuations in history.
The Golden State is the epicenter of American innovation and driving national economic growth.
We have no peers — and no other state comes close.
The Golden State is the epicenter of American innovation and driving national economic growth.
We have no peers — and no other state comes close.
What if… people made money on company valuations rather than on the usefulness of the technologies they build? imagine how bad that would be…
September 2, 2025 at 12:10 PM
What if… people made money on company valuations rather than on the usefulness of the technologies they build? imagine how bad that would be…
Based on current valuations, a 5yr old girl is probably all 3 wise men.
December 5, 2024 at 8:14 AM
Based on current valuations, a 5yr old girl is probably all 3 wise men.
Rising profits means rising valuations. Rising valuations means increasing equity. Equity sitting in a business, according to modern assumptions, is not making returns. So you take a loan on the equity and gamble on something that might make even more returns. This kills the profitable business.
"The games industry is crashing" and "The games industry made a record $197 BILLION in 2025" seem like contradictory things, how can things be going so good for the industry, and yet so terrible for people being laid off en-masse? Well, investors pulling money means studio closures and job losses.
March 31, 2026 at 1:50 PM
Rising profits means rising valuations. Rising valuations means increasing equity. Equity sitting in a business, according to modern assumptions, is not making returns. So you take a loan on the equity and gamble on something that might make even more returns. This kills the profitable business.
I predict Trump, who has bet the entire economy on the overinflated valuations of AI, will bail out AI/data centers.
Ordinary people will likely be the ones who pay.
Ordinary people will likely be the ones who pay.
September 21, 2026 at 2:52 PM
I predict Trump, who has bet the entire economy on the overinflated valuations of AI, will bail out AI/data centers.
Ordinary people will likely be the ones who pay.
Ordinary people will likely be the ones who pay.
AI bubble is far bigger in terms of stock valuations and investment spending than fracking ever was
What if the AI boom is a bubble but doesn’t cause a recession when it ends? Nathan Tankus compared it to the fracking boom
August 22, 2026 at 1:28 PM
AI bubble is far bigger in terms of stock valuations and investment spending than fracking ever was
#WNBA Team Values 2026: #Valkyries Lead, Average Jumps 59%
#welcometothew #gsv
$850 MILLION - WE NO FLUKE.
www.sportico.com/valuations/t...
#welcometothew #gsv
$850 MILLION - WE NO FLUKE.
www.sportico.com/valuations/t...
May 1, 2026 at 1:46 PM
#WNBA Team Values 2026: #Valkyries Lead, Average Jumps 59%
#welcometothew #gsv
$850 MILLION - WE NO FLUKE.
www.sportico.com/valuations/t...
#welcometothew #gsv
$850 MILLION - WE NO FLUKE.
www.sportico.com/valuations/t...
It appears Tesla and SpaceX are no longer the darlings of Wall Street. May their valuations continue to plummet and Musk's fortune that he uses to hurt people continue to shrink.
July 31, 2026 at 6:38 PM
It appears Tesla and SpaceX are no longer the darlings of Wall Street. May their valuations continue to plummet and Musk's fortune that he uses to hurt people continue to shrink.
Seems weird and bad that this is how these companies are hitting trillion dollar valuations, you know?
November 29, 2025 at 1:36 PM
Seems weird and bad that this is how these companies are hitting trillion dollar valuations, you know?
The greater good being boomer-owned real estate valuations.
February 12, 2026 at 1:47 AM
The greater good being boomer-owned real estate valuations.
Credit rating downgrades are becoming more frequent, the latest sign that companies are starting to perform worse and raising fresh questions about whether corporate debt valuations should be as high as they are
Worst Spate of Downgrades Since 2021 Signals Pain
Credit rating downgrades are becoming more frequent, the latest sign that companies are starting to perform worse and raising fresh questions about whether corporate debt valuations should be as high as they are.
bloom.bg
July 12, 2025 at 9:30 PM
Credit rating downgrades are becoming more frequent, the latest sign that companies are starting to perform worse and raising fresh questions about whether corporate debt valuations should be as high as they are
GS: Hyperscaler valuations have de-rated to the lowest level in 10 years
September 25, 2026 at 1:16 AM
GS: Hyperscaler valuations have de-rated to the lowest level in 10 years
Once the ai bubble pops big tech has no hyper growth ideas left. The markets will see they spent $200bn on nothing and that they have no other growth ideas. Software based stocks get chopped, horrible layoffs, dark era in valuations
January 17, 2025 at 2:57 AM
Once the ai bubble pops big tech has no hyper growth ideas left. The markets will see they spent $200bn on nothing and that they have no other growth ideas. Software based stocks get chopped, horrible layoffs, dark era in valuations