\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

SpaceX has now lost the equivalent of a full Tesla in market capitalization

https://www.cnbc.com/2026/07/27/spacex-has-now-lost-the-equi...
twisted stage
  07/28/26
Down 5% this morning. Buy @ $60 guys
twisted stage
  07/28/26
These seems like around the expected sell off after an IPO. ...
House-broken Vengeful Garrison Knife
  07/28/26
SpaceX only went public because it knew sophisticated invest...
twisted stage
  07/28/26
good price to buy at?
exciting jet-lagged telephone
  07/28/26
http://www.autoadmit.com/thread.php?thread_id=5886993&fo...
twisted stage
  07/28/26
180 ty
exciting jet-lagged telephone
  07/28/26
...
Swashbuckling love of her life
  07/28/26
"Sophisticated investor" legally just means someon...
glittery house
  07/28/26
correct. but to be fair, you also need access to SpaceX to b...
twisted stage
  07/28/26
Grrrr he should be forced to let me invest in his company i...
glittery house
  07/28/26
you pumos really are retarded. but appreciate the bump
twisted stage
  07/28/26
Grr we shouldnt let people choose to put their.money into co...
glittery house
  07/28/26
i don't think he's saying people shouldn't be allowed to put...
exciting jet-lagged telephone
  07/28/26
Just go 100% BTC bro
House-broken Vengeful Garrison Knife
  07/28/26
i'm at about 40% BTC. how mad does this make yoU?
exciting jet-lagged telephone
  07/28/26
I'm YSFFM about your asset allocation. It was funny when ...
House-broken Vengeful Garrison Knife
  07/28/26
lmfao at her. whatever, we still have her $1.2m in the vangu...
exciting jet-lagged telephone
  07/28/26
I've learned that women don't care about finance at all and ...
House-broken Vengeful Garrison Knife
  07/28/26
that's solid dave ramsey advice. was she also a proponent of...
exciting jet-lagged telephone
  07/28/26
Nah she at least understood low cost diversified funds are t...
House-broken Vengeful Garrison Knife
  07/28/26
describe her cans and panties
exciting jet-lagged telephone
  07/28/26
She wasn't that hot. We got along great (at first) and I fel...
House-broken Vengeful Garrison Knife
  07/28/26
stop insulting gary
exciting jet-lagged telephone
  07/28/26
It's down about 15% from It's IPO price, which is fairly nor...
House-broken Vengeful Garrison Knife
  07/28/26
ur a misleading faggot kike. This was a tiny issuance for th...
twisted stage
  07/28/26
You're the one being misleading and you're so perpetually an...
House-broken Vengeful Garrison Knife
  07/28/26
Misleading? lol no fag. Retail investors who bought are n...
twisted stage
  07/28/26
That valuation is driven by THE MARKET you retard, it's not ...
House-broken Vengeful Garrison Knife
  07/28/26
you faggot. Guy who pissed the whole point that they went...
twisted stage
  07/28/26
Then answer my question: what is the remedy? Or are you just...
House-broken Vengeful Garrison Knife
  07/28/26
my entire point was only about IPOs, not stocks. hth. becaus...
twisted stage
  07/28/26
YOU ARE TALKING ABOUT POST-IPO, NOT THE IPO VALUATON. THIS I...
House-broken Vengeful Garrison Knife
  07/28/26
Retail at the $135 IPO price: approximately 111.1 million sh...
twisted stage
  07/28/26
selfpwn
twisted stage
  07/28/26
odds the dumbass OP got his clock cleaned on this throwing m...
misanthropic locale
  07/28/26
? I'm long S&P500, amazon, Boeing, JPM, and some others...
twisted stage
  07/28/26
no sputtering TBF ITT? this thread is like catnip to him. ...
Excitant halford
  07/28/26
He was here yesterday and didn't poast in any of the TSLA th...
House-broken Vengeful Garrison Knife
  07/28/26
i dunno what he would even be posting about if hes not ranti...
Excitant halford
  07/28/26
He has gotten gaped by reality in multiple holes lately
glittery house
  07/28/26
...
Thriller Nudist Station Puppy
  07/28/26
The real idiocy in all of this is to "value" a com...
big sick hominid
  07/28/26
Why does the total value derived from the stock price matter...
House-broken Vengeful Garrison Knife
  07/28/26
You're right to ask that question. Allow me to illustrate wi...
big sick hominid
  07/28/26
It would be much higher due to the scarcity you described. ...
House-broken Vengeful Garrison Knife
  07/28/26
is he able to use the purported value of his shares as colla...
Excitant halford
  07/28/26
Anyone extending SpaceX a loan is sophisticated enough to un...
House-broken Vengeful Garrison Knife
  07/28/26
why do you think he went public like this then - just to rap...
Excitant halford
  07/28/26
I agree that going public was about raising funds without mu...
House-broken Vengeful Garrison Knife
  07/28/26
sure, i understand that "I agree that going public w...
Excitant halford
  07/28/26
Did you listen to his Economist interview? My appraisal o...
House-broken Vengeful Garrison Knife
  07/28/26
i didn't watch the interview, i think he's retarded when he ...
Excitant halford
  07/28/26
As I said I don't think he's correct on a lot and I wouldn't...
House-broken Vengeful Garrison Knife
  07/28/26
personally i think a good insight into his character is when...
Excitant halford
  07/28/26
He definitely has an ego and something to prove. But we're t...
House-broken Vengeful Garrison Knife
  07/28/26
...
Excitant halford
  07/28/26
Thank you for clarifying that. I apologize for misunderstand...
big sick hominid
  07/28/26
LOL see my response to Consuela I was writing while you resp...
House-broken Vengeful Garrison Knife
  07/28/26
They do have bearing bc it reduces SPCX's ability to tap cap...
glittery house
  07/28/26
"Hey could you lend me $100B? As you can see on this c...
big sick hominid
  07/28/26
This is an embarassing post. Companies also raise capital by...
glittery house
  07/28/26
I think you're not getting it. When Google has 12B publicly...
big sick hominid
  07/28/26
This only makes sense if you reject efficient market theory ...
House-broken Vengeful Garrison Knife
  07/28/26
wow
Khaki motley death wish rigor
  07/28/26
...
Excitant halford
  07/28/26
overvalued? oh please, it’s only $150 a share. lol if ...
provocative locus
  07/28/26
Did you see the Economist interview? He’s smoked hims...
outnumbered personal credit line
  07/28/26
Dems say they plan to cancel most of SpaceX’s govt con...
rubber neck
  07/29/26
wats up with goyim and faketech? they scrapped concorde b...
laughsome dingle berry blood rage
  07/29/26


Poast new message in this thread



Reply Favorite

Date: July 28th, 2026 9:02 AM
Author: twisted stage

https://www.cnbc.com/2026/07/27/spacex-has-now-lost-the-equivalent-of-a-full-tesla-in-market-capitalization.html

Thankfully, we don't let regular folks invest in risky things at low valuations privately, but we let them invest in risky things at sky high valuations publicly.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029111)



Reply Favorite

Date: July 28th, 2026 10:10 AM
Author: twisted stage

Down 5% this morning.

Buy @ $60 guys

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029287)



Reply Favorite

Date: July 28th, 2026 10:13 AM
Author: House-broken Vengeful Garrison Knife

These seems like around the expected sell off after an IPO. The only thing weird about it is that it soared so much after the IPO. I guess that was because of retail investor meme stocking?

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029294)



Reply Favorite

Date: July 28th, 2026 10:17 AM
Author: twisted stage

SpaceX only went public because it knew sophisticated investors refused to value it like the stupid public would and now that stupid public gets a 50% loss on their hands 1 month after.

And no, most IPOs do not drop 30-40% from their opening price witih a month.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029305)



Reply Favorite

Date: July 28th, 2026 10:17 AM
Author: exciting jet-lagged telephone

good price to buy at?

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029307)



Reply Favorite

Date: July 28th, 2026 10:18 AM
Author: twisted stage

http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2#50029287

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029311)



Reply Favorite

Date: July 28th, 2026 10:21 AM
Author: exciting jet-lagged telephone

180 ty

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029320)



Reply Favorite

Date: July 28th, 2026 10:17 AM
Author: Swashbuckling love of her life



(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029308)



Reply Favorite

Date: July 28th, 2026 10:19 AM
Author: glittery house

"Sophisticated investor" legally just means someone with over $1M investable assets

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029316)



Reply Favorite

Date: July 28th, 2026 10:20 AM
Author: twisted stage

correct. but to be fair, you also need access to SpaceX to be able to invest. you cant just send Musk an email that you are worth $1.1m like TT and ask if u can buy $50k of shares

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029319)



Reply Favorite

Date: July 28th, 2026 10:21 AM
Author: glittery house

Grrrr he should be forced to let me invest in his company if i email him grrrr

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029321)



Reply Favorite

Date: July 28th, 2026 10:24 AM
Author: twisted stage

you pumos really are retarded. but appreciate the bump

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029327)



Reply Favorite

Date: July 28th, 2026 10:27 AM
Author: glittery house

Grr we shouldnt let people choose to put their.money into companies that i, a degenerate who has raw anal sex with HIV+ ladyboys, deem are too risky

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029337)



Reply Favorite

Date: July 28th, 2026 10:46 AM
Author: exciting jet-lagged telephone

i don't think he's saying people shouldn't be allowed to put their money into spaceX, just that anyone who bought at IPO made a bad move. fwiw, not that i'm some whiz investor, i thought the same thing. i will probably buy at some point under $100 but i remember thinking the price was going to spike and then crater due to all the hype around the company.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029365)



Reply Favorite

Date: July 28th, 2026 10:48 AM
Author: House-broken Vengeful Garrison Knife

Just go 100% BTC bro

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029371)



Reply Favorite

Date: July 28th, 2026 10:51 AM
Author: exciting jet-lagged telephone

i'm at about 40% BTC. how mad does this make yoU?

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029383)



Reply Favorite

Date: July 28th, 2026 10:52 AM
Author: House-broken Vengeful Garrison Knife

I'm YSFFM about your asset allocation.

It was funny when Gary was like "Yeah you could have told me before you moved half our money into crypto" and you were just like "LOL!"

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029389)



Reply Favorite

Date: July 28th, 2026 10:58 AM
Author: exciting jet-lagged telephone

lmfao at her. whatever, we still have her $1.2m in the vanguard total stock market fund and i still have a few hundred grand in voo, so it's whatever.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029405)



Reply Favorite

Date: July 28th, 2026 11:10 AM
Author: House-broken Vengeful Garrison Knife

I've learned that women don't care about finance at all and just want to feel secure. The less they know they better.

My ex-wife, a PhD statiscian, insisted on monthly extra principal payments on our low rate mortgage.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029450)



Reply Favorite

Date: July 28th, 2026 5:04 PM
Author: exciting jet-lagged telephone

that's solid dave ramsey advice. was she also a proponent of front-load fee moo-tul funds that return less than the S&P (but charge high fees in addition to the front loaded fee)?

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030403)



Reply Favorite

Date: July 28th, 2026 5:07 PM
Author: House-broken Vengeful Garrison Knife

Nah she at least understood low cost diversified funds are the best tool for passive investing.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030412)



Reply Favorite

Date: July 28th, 2026 5:08 PM
Author: exciting jet-lagged telephone

describe her cans and panties

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030416)



Reply Favorite

Date: July 28th, 2026 5:12 PM
Author: House-broken Vengeful Garrison Knife

She wasn't that hot. We got along great (at first) and I felt it would be superficial to ding her not being a hottie.

BIG MISTAKE.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030433)



Reply Favorite

Date: July 28th, 2026 9:51 PM
Author: exciting jet-lagged telephone

stop insulting gary

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50031002)



Reply Favorite

Date: July 28th, 2026 10:43 AM
Author: House-broken Vengeful Garrison Knife

It's down about 15% from It's IPO price, which is fairly normal. I'm saying that the massive run-up, which you're taking into account, is unusual. And it's also pretty ordinary that something the explodes like that quickly crashed back down. Especially meme stocks.

Of course investors are cashing in by selling on the public market. That's what an IPO is.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029357)



Reply Favorite

Date: July 28th, 2026 11:12 AM
Author: twisted stage

ur a misleading faggot kike. This was a tiny issuance for the size of the company and barely anyone, esp retail, got $135. And as for the clear point I was making about it trading on the secondary market to gape the notice public, you should... look at the price they could actually buy it for? Starting at its very first trade price.

Fuck you kikes. You all deserve death.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029457)



Reply Favorite

Date: July 28th, 2026 11:23 AM
Author: House-broken Vengeful Garrison Knife

You're the one being misleading and you're so perpetually angry to any disagreement. You're griping about about allowing investors to buy stocks at "sky high valuations" but it's only down a moderate amount from it's IPO valuation and the downswing is pretty ordinary for an IPO. You're being dishonest by calling the ATH caused by retail investors speculating the "valuation."

BTW I don't think SpaceX is worth much and think it's very bad we're allowing companies with no profit to IPO as bluecchips that will have to be acquired by market aggregation funds that people rely on for conservative retirement investing. Buy you MDS dorks have to embellish and misrepresent everything. It's just like TDS. When there's plenty of honest criticisms, why resort to lies?

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029492)



Reply Favorite

Date: July 28th, 2026 11:37 AM
Author: twisted stage

Misleading?

lol no fag. Retail investors who bought are not holding at an average of $135 after day 1.

The price available to the retail/the market, is NOT the allocation price available to a few, but the first trading price where people can actually buy it at.

Gas yourself kike.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029516)



Reply Favorite

Date: July 28th, 2026 11:59 AM
Author: House-broken Vengeful Garrison Knife

That valuation is driven by THE MARKET you retard, it's not the valuation set by institutions.

What do you suggest we do to stop people from buying stocks that are overvalued by the market?

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029581)



Reply Favorite

Date: July 28th, 2026 12:04 PM
Author: twisted stage

you faggot.

Guy who pissed the whole point that they went to market due to RETARDED PUBLIC MEME shit causing the over valuation and that is why Musk decided not to continue fundraising with professional investors.

ty for missing the entire point.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029601)



Reply Favorite

Date: July 28th, 2026 12:15 PM
Author: House-broken Vengeful Garrison Knife

Then answer my question: what is the remedy? Or are you just bitching about how stocks are volatile when there's mass speculation?

The market price of anything reflects it's value at that moment in time. There is no way to prevent people from buying overvalued things because there's no way to prove that somethings "real" value is significantly different from it's market value.

There's no way to prevent people from doing this aside from keeping them out of the market entirely. Which I think we should do in this case, i.e. SEC rules should not have been changed to permit this IPO especially when passive investors will be forced to acquire it. But you can say that without misrepresenting the situation by saying SpaceX is down 50%, which was driven by post-IPO speculation from the market.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029623)



Reply Favorite

Date: July 28th, 2026 12:41 PM
Author: twisted stage

my entire point was only about IPOs, not stocks. hth. because you cannot actually engage in the topic, killself.

btw, are u really that dumb? u could easily force a larger required free float. If spacex had to list 50% of its shares in the IPO, instead of like 5%, I guarantee you this issue would not have happened.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029693)



Reply Favorite

Date: July 28th, 2026 2:30 PM
Author: House-broken Vengeful Garrison Knife

YOU ARE TALKING ABOUT POST-IPO, NOT THE IPO VALUATON. THIS IS NO DIFFERENT THAN ALL THE OTHER STOCKS THAT GET HYPED FOR SOME REASON AND CRASH QUICKLY.

The float has nothing to do with it. The % of the stock the market has access to does not impact it's day to day value for rational actors. The fact that WSB retards meme shit and don't understand what they're buying can't be helped.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030040)



Reply Favorite

Date: July 28th, 2026 11:38 AM
Author: twisted stage

Retail at the $135 IPO price: approximately 111.1 million shares, worth $15.0 billion. Retail ultimately received 20% of the 555.6 million-share offering, despite up to 30% initially being reserved.

Retail bought on day one: approximately 2.8 million net shares, based on $453 million of net retail buying and an estimated average price around $160.

So retail acquired roughly 40× more shares through the IPO allocation than through net purchases on the first trading day. The day-one figure is estimated because the reported data gives dollars, not an exact share count.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029524)



Reply Favorite

Date: July 28th, 2026 11:39 AM
Author: twisted stage

selfpwn

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029527)



Reply Favorite

Date: July 28th, 2026 10:46 AM
Author: misanthropic locale

odds the dumbass OP got his clock cleaned on this throwing magic beans at a meme stock?

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029366)



Reply Favorite

Date: July 28th, 2026 11:13 AM
Author: twisted stage

?

I'm long S&P500, amazon, Boeing, JPM, and some others.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50029461)



Reply Favorite

Date: July 28th, 2026 5:08 PM
Author: Excitant halford

no sputtering TBF ITT? this thread is like catnip to him. maybe the homosex-butt AIDS killed him

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030421)



Reply Favorite

Date: July 28th, 2026 5:14 PM
Author: House-broken Vengeful Garrison Knife

He was here yesterday and didn't poast in any of the TSLA threads directed at him specifically. Seems like he's tired of getting baited into rehashing the same shit from the same people over and over. He's a rode model for me on that one.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030436)



Reply Favorite

Date: July 28th, 2026 8:58 PM
Author: Excitant halford

i dunno what he would even be posting about if hes not ranting about jews, about investing in musk companies, or about crypto. occasionally about gay sex and classical music.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030837)



Reply Favorite

Date: July 28th, 2026 7:33 PM
Author: glittery house

He has gotten gaped by reality in multiple holes lately

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030691)



Reply Favorite

Date: July 28th, 2026 8:36 PM
Author: Thriller Nudist Station Puppy



(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030807)



Reply Favorite

Date: July 28th, 2026 7:44 PM
Author: big sick hominid

The real idiocy in all of this is to "value" a company based on the structured scarcity of a 5% float. Cf. 90% of Google stock is publicly traded.

If Gay-X issued 5% more, its "value" would crater.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030706)



Reply Favorite

Date: July 28th, 2026 7:56 PM
Author: House-broken Vengeful Garrison Knife

Why does the total value derived from the stock price matter?

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030739)



Reply Favorite

Date: July 28th, 2026 8:15 PM
Author: big sick hominid

You're right to ask that question. Allow me to illustrate with the Socratic method: What do you imagine the "value of SPCX" would be if Elon had been zany and made an IPO offering of just 100 shares?

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030766)



Reply Favorite

Date: July 28th, 2026 8:27 PM
Author: House-broken Vengeful Garrison Knife

It would be much higher due to the scarcity you described.

You're misunderstanding me. I'm not disputing that a low float can result in a higher valuation due to the scarcity. I'm asking why that's concerning to you.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030791)



Reply Favorite

Date: July 28th, 2026 8:55 PM
Author: Excitant halford

is he able to use the purported value of his shares as collateral for loans, to qualify for passing stock benchmark incentive thresholds personally and other purposes? does grandma get inadvertently invested into this sticking pile of garbage through her passive investing or pension?

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030833)



Reply Favorite

Date: July 28th, 2026 9:07 PM
Author: House-broken Vengeful Garrison Knife

Anyone extending SpaceX a loan is sophisticated enough to understand that valuing a company is more nuanced than share price x publicly available shares.

Elon retains majority control so manipulating his personal comp via financial wizardry isn't much of a concern, if any such performance incentives even exist.

I spoke to how such a turd of a company publicly debuting as a blue chip stock is really bad above. But putting more of the company on the market would make this worse, not better.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030849)



Reply Favorite

Date: July 28th, 2026 9:15 PM
Author: Excitant halford

why do you think he went public like this then - just to rape grandma?

i think he's really nefarious and a lying piece of shit; he had promised over and over and over again that he wouldn't bring spacex public until there were regular flights to mars, given public company massive pressure for quarterly earnings/short termism

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030859)



Reply Favorite

Date: July 28th, 2026 9:32 PM
Author: House-broken Vengeful Garrison Knife

I agree that going public was about raising funds without much concern about Grandma's 401k. But that's outside the scope of what I'm probing EPAH about: why the float and how thar impacts the valuation matters to him. As I said, putting more of the company on the market would mean passive investors would acquire more, not less, so that can't be the reason he's concerned.

Since he's disappeared I'll just lay out what I'm gearing toward: I think he's just pissed this will make Musk and SpaceX's market-derived valuation higher than it should be, which makes him upset because it'll be reported that Musk is worth $X when he's really not. But it has no impact other than that. An arbitrarily increased valuation doesn't confer any financial advantage and won't fuck over investors. And it doesn't fuck over retail investors either, who have no ides what float is. (Note that EPAH immediately moved from float to total shares in his response. SpaceX could've issued 10x shares at 5% float and the share price would be 1/10th, but investing $X dollars buys the same % of the company)

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030914)



Reply Favorite

Date: July 28th, 2026 9:34 PM
Author: Excitant halford

sure, i understand that

"I agree that going public was about raising funds without much concern about Grandma's 401k" without much concern about grandma's 401k, or a *deliberate financial predation on grandma's 401k* was really what i was asking about

why does he need to raise funds now on the public market? for what purpose?

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030920)



Reply Favorite

Date: July 28th, 2026 9:45 PM
Author: House-broken Vengeful Garrison Knife

Did you listen to his Economist interview?

My appraisal of Elon is that he sincerely believes in this shit and that he's working to make humanity better. He doesn't even think money will matter in 10 years and has been consistently annoyed that financial markets exist and how much energy is spent on capital allocation. So, I think his thought process was essentially "SpaceX will make humanity better, getting more money will accelerate that, Grandma has free will in whether to buy, and she'll be better off anyway."

I disagree with much of that. But I don't think his motivation is to screw Grandma for personal gain. He could already live the best possible RSF hedonism for thousands of years if he wanted. But I'm sure many disagree.

Regardless, that's a long winded way of saying: He wanted to raise money.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030960)



Reply Favorite

Date: July 28th, 2026 9:49 PM
Author: Excitant halford

i didn't watch the interview, i think he's retarded when he speaks or tweets, boring and sooooo basic

(yes yes he's worlds richest man and i'm not, thanks)

personally i think he is 80% grifter, 20% new tech. he sells dreams to people, that's what he's good at. hes made endless promises and always pushes them off, what matters isnt delivery but keeping the promises alive. he's GOAT at that

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030990)



Reply Favorite

Date: July 28th, 2026 10:26 PM
Author: House-broken Vengeful Garrison Knife

As I said I don't think he's correct on a lot and I wouldn't use his wealth to pwn you anyway. I'm just saying that I think he's sincere. He's an autistic engineer phenotype, scamming isn't in his blood, and if it was there's really not point to it now.

He sincerely believes that in 10 years we'll be governed by AI in a post-scarcity society. Call that retarded (I do), but it's sincerely held and not about grifting. He also said he's holding control because he knows he'll be spending a shit ton on space bases that won't be profitable for a while, if ever. Again, not the type of thing a grifter would say to gin up investment.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50031069)



Reply Favorite

Date: July 28th, 2026 10:45 PM
Author: Excitant halford

personally i think a good insight into his character is when he paid the #1 player of some video game to make his personal account the #1 player in the world, then musk livestreamed him playing it and he didn't even know how to use the basic commands, he made a total joke of himself

the grifting isn't for money -- he's "world's richest man" (no, the rothschilds are) -- its to inflate his fragile ego that he's not the dork nerd stutterer who got picked on as a child, that he's now "the winner"

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50031115)



Reply Favorite

Date: July 28th, 2026 11:12 PM
Author: House-broken Vengeful Garrison Knife

He definitely has an ego and something to prove. But we're talking about why he did the IPO. Raising money off the backs of Grandmas' 401k doesn't seem calculated to change anyone's mind about whether he's a cool bro.

But speculating on this doesnt matter, we can never truly know. I think he wants to better humanity (despite personally feeling he's misguided here), you seem to think it's something more selfish. But we agree that it is a bad thing.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50031177)



Reply Favorite

Date: July 28th, 2026 11:15 PM
Author: Excitant halford



(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50031191)



Reply Favorite

Date: July 28th, 2026 9:22 PM
Author: big sick hominid

Thank you for clarifying that. I apologize for misunderstanding the question, so please allow me to answer the question that you actually asked (haha).

I'm not particularly concerned by it. But that methodology leads "financial journalists" to write retarded headlines like, "SPCX has lost more than the entire value of Tesla in just six weeks!" And then those headlines get repeated by proles, when they have no actual bearing on any economic "value."

By comparison ChatGayPT says that 70-75% of TSLA is in public hands.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030879)



Reply Favorite

Date: July 28th, 2026 9:35 PM
Author: House-broken Vengeful Garrison Knife

LOL see my response to Consuela I was writing while you responded. My point in asking was teasing out whether your concern was rooted in how that value would is presented and if you understood that had little real significance financially.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030925)



Reply Favorite

Date: July 28th, 2026 9:39 PM
Author: glittery house

They do have bearing bc it reduces SPCX's ability to tap capital for expansion (which companies do all the time)

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030940)



Reply Favorite

Date: July 28th, 2026 10:11 PM
Author: big sick hominid

"Hey could you lend me $100B? As you can see on this chart, my company's market cap is $2T, which shows that we'll be able to repay you easily."

Not an IBer, but I don't think that's how it works

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50031044)



Reply Favorite

Date: July 28th, 2026 11:11 PM
Author: glittery house

This is an embarassing post. Companies also raise capital by issuing shares post-IPO.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50031172)



Reply Favorite

Date: July 28th, 2026 11:19 PM
Author: big sick hominid

I think you're not getting it. When Google has 12B publicly traded shares valued at $350 each and decides to issue 100M more to raise capital, it barely moves the needle, b/c plenty of people would buy at $345.

But GayX currently has 5% of its shares in circulation. If it tried to raise capital by issuing another 3%, it would send the price into the shitter, and cut the "value" of the company in half.

Does that make sense?



(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50031207)



Reply Favorite

Date: July 28th, 2026 11:44 PM
Author: House-broken Vengeful Garrison Knife

This only makes sense if you reject efficient market theory but believe that traders take into account a shares equity interest. Those positions are incompatible.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50031234)



Reply Favorite

Date: July 28th, 2026 8:08 PM
Author: Khaki motley death wish rigor

wow

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030753)



Reply Favorite

Date: July 28th, 2026 8:54 PM
Author: Excitant halford



(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030830)



Reply Favorite

Date: July 28th, 2026 9:10 PM
Author: provocative locus

overvalued? oh please, it’s only $150 a share. lol if you can’t afford that

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50030852)



Reply Favorite

Date: July 28th, 2026 10:03 PM
Author: outnumbered personal credit line

Did you see the Economist interview? He’s smoked himself stupid. His companies are in for a world of hurt once the corrupt POTUS won’t be around to protect him.

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50031032)



Reply Favorite

Date: July 29th, 2026 3:13 PM
Author: rubber neck

Dems say they plan to cancel most of SpaceX’s govt contracts and launch pad leases and given them to Bezos and Boeing

Will be wild to watch what happens to the company’s valuation when that happens

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50032365)



Reply Favorite

Date: July 29th, 2026 2:19 AM
Author: laughsome dingle berry blood rage

wats up with goyim and faketech?

they scrapped concorde bc the tritanium the engineers said was in the fuselage was just regular titanium

(http://www.autoadmit.com/thread.php?thread_id=5886993&forum_id=2phpsessid=49d358651c#50031339)