Definitely overvalued. 90 percent of the projected future market/earnings is meant to be from AI and data centers in space. The first is under heavy competition and burning through billions. The second is unlikely to be economical due to basic physics. But Tesla was similar. Hopes and dreams where enough to push that stock into orbit. Perhaps they will here too.
SpaceX Set to Join Nasdaq 100, Paving Way for Wave of Passive Buying
For the self described 'top negotiator', Trump really does across as a fool who only knows how to threaten and bluster. Wouldn't it be nice if countries acacted like adults instead of unsocialised kindergarten kids!
US and Iran Conclude High-Level Talks in Switzerland, Mediators Say
Hyperloop, The Boring Company and its underground roads, full self driving, Grok, Twitter, the cybertruck, solar roofs... Elon had quite a few disasters. His projections are consistently owerhyped. Is this one any different?
Elon Musk Reacts to $330 Billion SpaceX Projected Revenue Estimate: "Might Be Able to Reach" Nearly $1 Trillion in 2030
Targeting civilian infrastructure is a war crime. But that should be no surprise from a convicted felon and sexual abuser. Nor for the USmilitary, given their history.
Trump Said He Was About To Order New Strikes On Iran's Power Plants And Bridges