Quote from: K-Dog on Jun 07, 2026, 09:22 PMA company that is losing money is not worth $1.77 trillion.  Correct me if I am wrong.

If you BELIEVE Elon, you're wrong.  He writes a Biz Plan that PROJECTS future revenues that will pay investors a fat dividend every year if they give him their money to make the capital expenditure necessary to put his data centers up in space where they will get free solar energy to run.  This is the magic of using Other People's Money to get filthy rich.  Elon is a Master Salesman, and is able to convince the Smartest People in the Room he can do this.

Most biznesses have to produce something tangible and need lots of people to run.  The AI biz needs neither.  Once he has the hardware up in space, it needs no people to run.  Nothing tangible has to be shipped, it just processes data.  He can run the biz out of one office building anywhere in the world.  Virtually all of the money paid each day to process data on his machines in orbit is pure profit.

In REALITY, will people pay enough money every year to make those profits?  I highly doubr it.  He doesn't need to convince me though, he just needs to convince the bank that underwrites the IPO.  Then the brokers convince their clients to buy the stock.  POOF, Elon is a trillionaire!  No hard work necessary, no unique brilliant invention, just salesmanship.  It's his gift.

The truth is this is likely the final blowoff phase before the big bust.  At least it guaratees the crash will be spectacular.

RE

NitwitYahoo would listen to Chump why?  NitwitYahoo wants to ramp up the war so the American taxpayer can build a greater Israel.  NitwitYahoo has no interest in peace.

A company that is losing money is not worth $1.77 trillion.  Correct me if I am wrong.

Here's how much NitwitYahoo listens to Trumpolini:

Israel hits Iran with new strikes despite Trump admonition

"Ceasefire" has become an utterly meaningless term.  So have "negotiation" & "diplomacy".  There has been zero progress toward resolving the issues and still they preetend things will get back to normak  in a month or two.  Forget it.  This is the new normal.

RE

His rocket company is targeting a valuation of $1.77 trillion, which would make it one of the 10 biggest companies in the world—bigger than Meta, Walmart, and, for that matter, Tesla.

As if there aren't enough things out there insuring the coming implosion of global finance will be earth  shattering, Elon Musk is contributing his gigantic SpaceX turd into the mix, and Chump intends to use taxpayer money to buy an equity stake in this shitpile.  The kiss of death.

RE

Building your pre-crash emergency fund is getting harder by the day.

Quote from: TDoS on Jun 06, 2026, 06:40 AMI wonder what the 20-30k people a year who die from this wonderful substance think about it?

6000 people/year die in motorcycle crashes too.  At least with coke, it's only your own stupidity that causes the death.  On a bike, you risk other people's stupidity causing it.  In any event, all worthwhile things carry some risk.

Far as LSD goes, virtually nobody dies and it's non-addictive.

Anyhow, as I said earlier, your attitude stems from childhood.  It's clearly a reaction to having an alcoholic father.  You never got over that.

RE