This is nuts. Can someone explain this cos I just don’t get it. Why would you invest in a company if its well established that its unlikely you’ll ever make a profit or even get that money back??
Tl;dr - Not a single person would be investing in SpaceX. Americans’ retirement funds would be invested into it, without their knowledge or consent, regardless of how obvious the outcome is.
check your 401k people, you might need to move into other ETF to avoid AI companies and bubble
But if (when) the bubble bursts it will tank the market. There’s so much riding on this that there will be no hiding. Unless you do a Ron Swanson and bury gold in your garden.
Because Elon said so, and a lot of these people are playing with other people’s money, so it’s worth a shot.
Elon says:
SpaceX is really about xAI, and look how well regarded Anthropic is, we’ll be even better than Anthropic because, welll I’m Elon and I said so!
All this AI stuff has to go to space because some company that makes a part for natural gas generators is backordered a few years, so we’ll start having hundreds of Starship launches a month.
Yes, he claimed that hundreds of Starship launches a month is a more realistic thing to pull off than making some parts of natural gas turbines…
This is nuts. Can someone explain this cos I just don’t get it. Why would you invest in a company if its well established that its unlikely you’ll ever make a profit or even get that money back??
Tl;dr - Not a single person would be investing in SpaceX. Americans’ retirement funds would be invested into it, without their knowledge or consent, regardless of how obvious the outcome is.
they are forcing us to invest by stealing from our 401k.
because nasdaw and russel rigged inclusion rules
check your 401k people, you might need to move into other ETF to avoid AI companies and bubble
But if (when) the bubble bursts it will tank the market. There’s so much riding on this that there will be no hiding. Unless you do a Ron Swanson and bury gold in your garden.
Because Elon said so, and a lot of these people are playing with other people’s money, so it’s worth a shot.
Elon says:
Yes, he claimed that hundreds of Starship launches a month is a more realistic thing to pull off than making some parts of natural gas turbines…