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Comment by aeternum | Hacker News Reader

Looks like it's gonna be closer to 2 trilly

What is a realistic scenario for how this plays out? After index funds mechanically buy SpaceX, the insider lock out expires and they all sell - how low does SpaceX go? Will reality hit and a $2T valuation instantly drops to a more "reasonable" value for an unprofitable company? Will it stay in the clouds?

Tesla seems in a world of hurt unless robots start making space centers from moon rocks, yet that is also defying gravity.

Why are index funds going to buy it? Market cap is not the only inclusion metric for S&P500, for example.

They just changed the rules for NASDAQ and they are changing the rules for S&P500.

The game is rigged. Our pensions and 401Ks are being forced to buy this slop. They can't resist taking all of the money off the table.

Please source this, people need to read it and know what's happening

Edit: here's one https://www.reddit.com/r/Bogleheads/comments/1t2msfk/wsj_sto...

I remember a recent episode of the Rational Reminder podcast about this, it's not as bad as it may look...

https://youtu.be/QaQHdF2DeRY

Rocketlab market cap is ~$70b (ATH right now tho). Not hard to imagine SpaceX being worth 30x.

When do we call AI bubble? Like 2 trillion value and losing billions.

No need to worry because bubbles can't exist in space

This time it is different. All the best commencement speeches say so.

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