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Topic: OT - Money / Investing Thread (aka financial no stupid questions)

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847badgerfan

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Re: OT - Money / Investing Thread (aka financial no stupid questions)
« Reply #112 on: June 12, 2026, 11:04:31 AM »
I thought about it. Decided to pass.
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betarhoalphadelta

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Re: OT - Money / Investing Thread (aka financial no stupid questions)
« Reply #113 on: June 12, 2026, 11:09:47 AM »
I wouldn't touch a Musk company with a 10 foot pole. And that includes shorting it. 

I've just accepted that anything associated with him will trade with no relationship whatsoever to fundamentals. 

As I posted elsewhere about this...


Quote
The key to any Musk enterprise is that you never actually really know what the company's aims or fundamentals are.

As long as he can keep changing and obfuscating what the company is trying to be, then you can never pin down an actual valuation based on fundamentals because he can always pivot to future promises on something else.

That's why SpaceX and xAI and Twitter/X have to be combined. Because if you don't like the valuation for the space company, he'll make exaggerated promises about future AI capabilities or social media. And if you don't like the valuation for the AI company, he'll make exaggerated promises about future space capabilities or social media. And if you don't like his social media, you'll make exaggerated promises about future AI or space capabilities. Either way, you just have to BELIEVE that they've got something really amazing just over the horizon.

If valuation can never be based on fundamentals because nobody knows what they are, then the share price can be forever elevated via copious ingestion of Musk's real drug: hopium (case in point: TSLA).

The endgame is the combination of SpaceX / xAI / Twitter-X / TSLA all under one roof. Then, nobody will have a clue how to value the company and therefore it'll have a market cap of $100T
:57:

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FearlessF

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Re: OT - Money / Investing Thread (aka financial no stupid questions)
« Reply #114 on: June 12, 2026, 11:14:42 AM »
I'll leave it to the experts.
Hopefully, they make the right call for me :34:
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utee94

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Re: OT - Money / Investing Thread (aka financial no stupid questions)
« Reply #115 on: June 12, 2026, 11:17:50 AM »
My prediction-- some people are going to make a lot of money on this stock.

Also, some people are going to lose a lot of money on this stock.
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847badgerfan

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Re: OT - Money / Investing Thread (aka financial no stupid questions)
« Reply #116 on: June 12, 2026, 11:22:46 AM »
Quote from: utee94 on June 12, 2026, 11:17:50 AM
My prediction-- some people are going to make a lot of money on this stock.

Also, some people are going to lose a lot of money on this stock.
Lather, rinse, repeat.

I decided to stay away from Musk stuff.

Oh, and he'll make money even if nobody else does.
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Cincydawg

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Re: OT - Money / Investing Thread (aka financial no stupid questions)
« Reply #117 on: June 12, 2026, 03:10:26 PM »
I was within a few inches today of over $5 million cash.

We visited the Fed museum, again, my kid is down from Columbus.  It’s fairly interesting.  

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847badgerfan

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Re: OT - Money / Investing Thread (aka financial no stupid questions)
« Reply #118 on: June 12, 2026, 04:22:30 PM »
Quote from: Cincydawg on June 12, 2026, 03:10:26 PM
I was within a few inches today of over $5 million cash.

We visited the Fed museum, again, my kid is down from Columbus.  It’s fairly interesting. 


We're getting very close as well. Been a great run for a while now.
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