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    1. > The company also remains heavily reliant on lucrative government contracts.

      Is it „fiscally conservative“ to be constantly bailing this fucker out with our tax money, Republicans?

    2. JustConversation7847 on

      Before anybody gets too excited

      >Even for Musk, it’s an aggressive price-to-earnings ratio that could blow up in his face if investors start to lose faith. The conversation surrounding plans for shorting SpaceX is hitting a fever pitch, setting the stage for what could be a wild stock market ride.

      Pretty sure the people who tried shorting Tesla are all broke and you, reader, definitely not try something stupid because there’s no limit to how much money you can lose while short selling

    3. Lain_Staley on

      SpaceX is more of a government entity than NASA is at this point in regards to National Security. 

    4. theweirdball on

      Words like „possible“ „could“ „might“ and „maybe“ don’t belong in news headlines.

    5. BurningMan1970 on

      It’s actually amazing that Americans are hoping to ruin such a large swath of the economy. This IPO just isn’t about Space X, it will affect many other portions of the economy

    6. What a weird hit piece. Being reliant on lucrative government contracts seems to have worked well for a few other companies, but here it’s framed as a bad thing.

    7. Beenjamin63 on

      The amount of this stuff Im seeing on reddit about this… probably a good idea to go all in because guys are normally completely wrong

    8. Latter-Possibility on

      I’m looking at short positions but also “never short a cult”.

    9. EnrollmentTime on

      No, Google is paying them $980 million a month right now.
      SpaceX holds 52 active federal contracts worth a combined remaining value of $11.8 billion, contributing to roughly $22 billion in cumulative federal awards.
      ​Government Agencies

      ​NASA: SpaceX’s largest partner with roughly $15 billion in contracts, spanning the Commercial Crew program ($4.9 billion), the Artemis Human Landing System ($4.04 billion), and Commercial Resupply Services for ISS cargo.

      ​Department of Defense & Space Force: Holds approximately $7 billion in contracts, primarily driven by the National Security Space Launch (NSSL) Phase 3 program and the expansion of the military’s Starshield satellite constellation.
      ​Other Agencies:

      Additional agreements exist with the National Reconnaissance Office (NRO) and the Space Development Agency (SDA) for classified and intelligence satellite launches.

      ​Commercial Companies
      ​While a specific total number of private commercial contracts is not publicly disclosed due to proprietary agreements, SpaceX serves dozens of commercial entities. The company holds regular launch manifests to deploy telecom satellites, rideshare payloads, and private astronaut missions for corporations like Maxar, Eutelsat, SES, Northrop Grumman, Globalstar, and Axiom Space.

      Or you can belive Reddit

    10. watch_out_4_snakes on

      Wishful thinking. This pos had had nothing but mysterious support his entire life. Such a waste of resources.

    11. StillVeterinarian578 on

      It’s also possible it could go to the moon. The market can stay irrational longer than you can stay liquid.

    12. If there was any sliver of fundamentals or logic in this market it would crash as soon as insiders sell period begins, but this is a company owned by one of the world’s wealthiest individuals. Nothing about this shit will be fair or balanced.

    13. Unfair_Web_8275 on

      Wouldn’t that be nice? But for whatever reason we do everything we can for this human paste bag.

    14. CumSluts4Christ on

      Oh fuck off, it’s going to just go up and up based on absolutely nothing in reality just like Tesla and the worst person on earth is going to continue exerting his will on the world

    15. PrincipleExciting457 on

      Good things don’t happen, so I’m not dedicating wasted hope on that lol.

    16. userpelicanvoyager2 on

      I would be OK with this only if the leading SpaceX engineers use ethical VC funding to start their own space company. SpaceX is bittersweet for me. I love the technology, but can’t stand Musk.

      A few years ago, I’d say maybe this is an opportunity for blue origin but now I can’t stand Bezos either as he steadily morphs into come on you can fucking do it. You can do it put your mind into it. You can do it put it back into it. Come on, dude fucking had it Jesus Christ. Lex Luther.

    17. Randomcommentor1972 on

      Anything is possible, but they have accomplished so much in spite of Elon being attached

    18. I don’t want SpaceX to fail. I want Elon Musk to fail. I don’t want Tesla to fail. I want Elon Musk to fail. Unfortunately they are intertwined.

    19. Datacenters in space is an even dumber idea than his stupid loop. It pisses me off that so-called serious people even repeat it

    20. Joshhwwaaaaaa on

      It’s shocking that it hasn’t already. Propped up by Tesla. Propped up by fake sales numbers. When Donnie and his government contracts go bye bye so does Elmo.

    21. The_RealAnim8me2 on

      When are people going to wake up to the fact that Musk is not a genius. He is lucky if he rises to the level of moron.

    22. JustaFoodHole on

      I’d love this. I hate that this shit is in my retirement investments.

    23. NoSilver2988 on

      Don’t worry, Elon will just build a better mousetrap… or should I say, he’ll hire someone to, and he’ll say he’ll eradicate mice and rats from everyone’s home by 2027. Then not even have a product till 2037, and srill be hailed a hero.

    24. swollennode on

      No it won’t. It’ll get propped up with interest free loan with a pay back timeframe of 100 years.

    25. Level_Most_1023 on

      How much money people going to give to a man that was begging to go to Epstein island via email… joke

    26. educated_comfortable on

      Of course it will! It’s a con! Like everything else created by Musk.

    27. TheRealProtozoid on

      Tl;dr: Musk is about to insanely over-value his company to raise $75 billion in a scheme that is so transparently fraudulent and financially dangerous that he would fail spectacularly in a fair world. But this isn’t a fair world, and he’s going to get away with it, and do something similarly crazy every time he needs money until someone stops him or his shareholders grow a brain.

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