Do you know how this whole thing started? It seems you're just coming in and dismissing the whole thing, when the person who started it with $50k is now sitting on gains of $50m and even people who bought in yesterday are up almost 2x.
I hope thinking this way about retail investing reduces the risk of YOLOing one's life savings on individual stocks.
Not anymore, they're not. Such are equities when the price becomes detached from reality. Any moorings one wishes to try and tie the price to, those are gone now.
As they say, past performance is not an indicator of future gains.