this post was submitted on 04 Jul 2026
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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

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[–] kokesh@lemmy.world 2 points 3 days ago

Let's not talk about Bond, talk about Decker! Surely my Oscar pick! 🍿 🍿 🍿 🍿 🍿 🍿 🥤 🥤

[–] Redvenom@retrolemmy.com 4 points 3 days ago (1 children)

Now that Elon became a cartoon villain He lost the good will of the people supporting His "Meh" ideas

[–] Lucius_Sweet@lemmy.world 3 points 3 days 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'.

[–] hark@lemmy.world 2 points 3 days ago

Nobody cares about the bond market, bonds are boring! We're all about the exciting stock market where fundamentals don't matter. Make sure to always buy the dip.

[–] OctopusNemeses@lemmy.world -1 points 2 days ago* (last edited 2 days ago) (2 children)

They're a key part of the moon missions. The stock will go off once that's in the new cycle. Elon will also do his media buys to make him look like he did all the work.

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[–] Thor_Whale@lemmus.org -3 points 3 days ago

I bought 31 bucks worth so I really have zero skin in the game. But he's shooting for mars and will have to settle for LEO...

[–] AngryCommieKender@lemmy.world -2 points 4 days ago
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