on June 5, 2026, 10:11:20, in reply to "the Goldman book says company EBITDA will be $352b on $470b in revenue in 2030. Sounds good!*"
Yeah, I'm sure they'll get it all sorted out in the next 4 years.
We're watching a cautionary tale about the dangers of unfettered oligarchical crapitalism emerge in real time. 
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The valuation is a joke.
The fact that Musk basically already has control of the shares he supposedly only receives if humans colonize Mars is absurd.
The indexes changing their rules to create liquidity at the behest of SpaceX insiders is borderline criminal.
Fortunately, the S&P 500 seems to have somewhat come to their senses: https://finance.yahoo.com/markets/stocks/articles/p-not-change-rules-allow-230217103.html
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- Tortillini June 4, 2026, 20:04:46