alt Hacker NewsIf this happened it would make Elon emperor of the known universe. Can’t imagine the level of influence this would buy.
It also seems impossible. What are people seeing that I don’t?
If this happened it would make Elon emperor of the known universe. Can’t imagine the level of influence this would buy.
It also seems impossible. What are people seeing that I don’t?
Nobody (with money to invest) actually believes that SpaceX or Tesla will ever catch up to their valuations. People investing in things like this only believe that somebody else believes it.
This will continue to work until they run out of morons willing to buy a stock with a PE of 300 at which point it will contract spectacularly.