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For MAGA only. Except they can barely afford their trailer lot rent and a 6 pack of beer.

In addition to SpaceX being one of Teslas biggest customer, Elon Musk has direct business interests in 70% of the government agencies that DOGE targeted.

Part of why I think people disregard "economic data" is because so much of what we can see in front of us is so self evidently fake yet EXTREMELY real for the wealthy. How very very real money is for us and how very very fake it is for capitalists.

Too bad they can’t get a CEO to say it might be overvalued

PE ration of nearly 1000/1. Seems just a tad high.

If they like things blowing up, they should be happy.

All of Muskrat's co, aided by our tax dollars, are POS, whose values are grossly overrated on the stock exchanges.

No way SpaceX is worth 1.7-trillion USD. SpaceX’s annual revenues are 18.7-billion USD against 4.7-billion in losses. PPE reported was 53.9-billion USD for a total actual value 72.6-billion. Quite aways from the 1-trillion USD. Elon sells & tells a better story than actual performance.

I think starlink will maintain its first place advantage for years. It's just not that easy for anyone else to do that many rocket launches needed to meaningfully compete. China's equivalent will probably be the biggest competitor. But this does not justify anywhere close to a trillion valuation.

Eminence front; it’s a put-on

It's more of a highly polished turd placed in a delicate setting of hype and lies, but yes.

As long as it makes that ketamine-addled fascist goober a trillionaire it's all good

Its a rug pull quite obviously

SpaceX delivered very well with Falcon 9 Afterwards, it has been a mess. Remember that we were going to send people to Mars.

What & whose valuation rules dominated this IPO? Is this valuation based on dreams?

And blow up!

No

Unless it's on purpose for a comedy gag, but yeah. The rockets obviously have bugs that haven't been worked out yet.

Nope.

The valuation uses exaggerated optimal market capture and growth, which is unrealistic. A $1 trillion dollar valuation is more realistic, though not by very much. The Elon Premium is still priced in high.

Smoke and mirrors, and lies, lies, lies. Anther grift in the works.

Money that could be spent helping those of us on Earth to survive instead…

We should be fining them for polluting the air...

SpaceX is a joke!

You'll get pie in the sky when you die. THAT'S A LIE!

I read an analysis of the prospectus and it said that Space X is a bad investment.

I’m not sure I’d say anything Musk owns is worth more than 2cents!

Musk's greatest talent has always been an ability to flim flam investors with smoke and mirrors.

Let's #DESTROY work AND economy

Wait until the day after the IPO. You'll be able to buy the stock for a song. And then you'll still lose your ass.

Overpriced fireworks if you ask me.

It is a gigantic FRAUD if one looks at it with a smidgen of common sense.

Very much like the AI companies. Does it have assets worth that amount? Nope. Does it have the capability or likelihood of producing a return on investment worth close to that? I'm doubtful. Think I would rather keep my money then. 🤷‍♂️

Some financial analysts say it is not worth the $135 a share initial offering. More like $67.

"A sucker is born every minute." - PT Barnum

Suckers. Snake oil.

No.

Can you spell fraud? Go figure🤨

Narrator’s Voice: No, no it is not.

"The scientific community hasn't yet reached a consensus about whether the Kessler Syndrome has begun, or, if it has not begun, how bad it will be when it starts. There is consensus, however, that the basic concept is sound and that the space community needs to clean up its act."

It's Another Elon Drug For Muskox

I refuse to read the NY Times anymore. Remember NYT helped Bush spread the false WMD LIE that cost troops lives in Iraq, when Bush ignored the Gore Commission Report and let 9/11 happen. Why aren't ppl aware of what we lived through?

Elon Musk is using that money to create other companies for himself AND MAKE THEM PUBLIC TO SELL STOCKS, while worth🤷🤷🤷🤷🤷 It's our tax $$

No, anyone knows how easy it is to make fools part with their money, promise them u fold riches

How much of that is government contracts and tax payer subsides???

Why would anyone want to buy rockets that blow up? Hobby rocket builders have better results.

It's all numbers!! 💰

Absolutely not worth $1.7T. This IPO is a massive con job. NASDAQ changed their rules so Nazi Musk can screw investors early.

There is way too much hype - anyone who buys this stock is going to get a really rude awakening.

Narrator: "No, it was not worth $1.77 trillion."

Neither SpaceX nor the muskrat is worth a fucking tinker’s dam! His space program is shit and the muskrat is a boil on the ass of humanity! His face looks like a hemorrhoid in a diseased asshole.

He just stole our election, put a crazy ass fucker in charge of nuclear codes, thief of our personal information through DOGE! Fuck his Nazi, government stealing contract ass! He needs to be returned to South Afrikkka!

Another failure

Musk should be in prison next to Trump for rigging the election - Trump bragged "No one knows those voting machines like Elon. Thank you Elon" Am I THE ONLY PERSON IN THE WORLD who heard that & saw it as a brag that the election had been rigged? Seems that our lawmakers didn't see it/ didn't care

I would its value at the same level as combined Federal workers salaries

And when he loses everyone pension funds. He will not be losing any sleep over it. Greedy mutt that all I see.

Indian and Chinese Rockets launched into space for purely Scientific purposes. Seldom Explode on the Launch Apron. 🇮🇪🇪🇺

This is one area where scientists have failed us. Many of them, especially those in the public eye, have bigged up this stupid alien looking creep and his "we'll go to Mars" rubbish.

Anyone who invests money into a company seemingly bent on blowing up rockets in the atmosphere, is really just cool with giving money to a deranged nazi.

Of course not.

Making rockets that explode is worth 1.77 trillion?

SOME investors? SOME investors are real dumB 💩s

Financial press: "But...but...CEO said a thing!"

CALSHE or however that gambling thing is spelt

Not a fucking chance it’s worth that much. It is a fixed price grift for a lot of rich assholes who will cash out and literally make billions and billions of dollars. This will not be good for the average American and our economy. Come on ppl this is nothing but fucking stealing our future.

Uh, no.

77 million Electorate proved they aren't and 100 million couldn't give a Phuck. 🇮🇪🇪🇺

Space X and Starlink are massively subsidized. Starlink just got $700 million from the infrastructure bill. And the IPO's growth projections for Starlink -- from 10 million to 300 million in short order -- are complete fantasy and I say that as somebody that has covered telecom for 25 years

musk and trump are like two peas in a pod, both think that their name affiliated with something, makes that so, so much more valuable, even when it just shows failure after failure! It is time to reclaim the term 'winner' for things and people who actually are better or do better than others!

Vape on the Elon e-cig

No it’s not - it’s usual Musk BS - what’s its income now? Not in 5 years - NOW? The price to earn ratio is $135USD:0 so who’d invest? Gullible people or people who will sell as soon as it opens on a rise that will then cause a fall where the likes of Musk and others will swoop in and buy more

Inflated probably

If the headline is s question, the answer is NO!

Wanting his IPO to be valued at 50X!? They'll do it too, won't they?

If it sounds to good to be true. It usually is?

Space X declared a xAI drag in its S-1 IPO Prospectus with SEC filing. SpaceX directed around 60% of its capital spending in 2025 to its AI division — about $20 billion — yet that division lost $37 billion since inception and grew revenue by only about 22%. techcrunch.com/2026/05/20/t...

Capitalist wealth extraction. #Innovation!

Pump and dump scam watch people. Then, the crash of Wall Street .

NO

SpaceX doesn't make any money. Starlink does. It's valuation is based on gov't contracts for future projects. Who wants to give money to a Nazi power monger?

I came to the comments and I wasn’t disappointed. 😂

It's a scam......

youtu.be/20Y1OG5SFfo?...

youtu.be/yhRjvX_t4hc?...

no - and the American taxpayer and public and privately held pensioner it’s about to get royally fucked in the ass with no grease

Well, well, well... something tells me that once you enter the maga world orbit, you can never escape its gravitational field. melon usk is just another satellite in the constellation of famous and semi-famus characters.

The largest example of VAPORWARE

We have enough junk in space already and are we really going to make a dude that loves manipulating things with his ‘space lasers’ a trillionaire? Sad

I am 100% getting any of my fucking investments as far from this delusional shit pile as possible. Americans are fucking idiots

Based on musk’s promises? How that self driving car coming along? It’s only been 10 years of that promise.