420
SpaceX Is Junk. That’s What the Bond Market Says (archive.ph)
submitted 1 month ago* (last edited 1 month ago) by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world
78 comments fedilink hide all child comments

The bond market’s assessment also jibes with SpaceX’s stock. It’s a profitless, non-dividend-paying, one-person-controlled, empire-building project trading at more than 100 times sales, about 30 times the valuation of the S&P 500 Index. That’s the very definition of a junk stock.

Original link: https://www.bloomberg.com/opinion/articles/2026-07-02/spacex-is-junk-that-s-what-the-bond-market-says

you are viewing a single comment's thread
view the rest of the comments
[-] Lucius_Sweet@lemmy.world 4 points 1 month ago

None were even his ideas in the first place, he just bought the companies using daddies apartheid diamonds from his diamond mine and pretends that he is Tony Stark.

The only addition he has made to any of the companies he has bought has been to try and call them all some variation of 'X'.

this post was submitted on 04 Jul 2026
420 points (100.0% liked)

Technology

86868 readers
3216 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 3 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws