Comment Meanwhile actual industry analysts (Score 1) 3
Will tell you that there really isn't any growing demand except for Elon musk's own companies wanting to launch more satellites for satellite internet that itself has pretty much maxed out the number of potential users because there's only so many people who don't have access to wired high-speed internet and can afford $100 a month for high-speed internet...
This is hype and people buying in because they are anticipating a bunch of people who can't get in on SpaceX IPOs and are going to want to just buy something related to space.
YouTuber Patrick Boyle has a pretty good video explaining all of this in detail and explaining why the SpaceX IPO is a giant scam that's going to hit the economy like a truck. Most notably the rules of the NASDAQ were changed to allow all sorts of nasty little shenanigans and because of the size of the IPO it basically forces fund managers to buy into it because of how large a percentage of the NASDAQ it becomes.
I don't even know emotionally or intellectually how to process just how bad all this is going to be when it comes down on our heads. And we all know it always comes down on our heads and not the heads of the billionaire Epstein class assholes who made all this happen...
This is hype and people buying in because they are anticipating a bunch of people who can't get in on SpaceX IPOs and are going to want to just buy something related to space.
YouTuber Patrick Boyle has a pretty good video explaining all of this in detail and explaining why the SpaceX IPO is a giant scam that's going to hit the economy like a truck. Most notably the rules of the NASDAQ were changed to allow all sorts of nasty little shenanigans and because of the size of the IPO it basically forces fund managers to buy into it because of how large a percentage of the NASDAQ it becomes.
I don't even know emotionally or intellectually how to process just how bad all this is going to be when it comes down on our heads. And we all know it always comes down on our heads and not the heads of the billionaire Epstein class assholes who made all this happen...