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In @nytopinion.nytimes.com “Mr. Musk could well believe his own projections,” Aaron Zamost writes about the SpaceX IPO. “What’s harder to understand is why so many investors do, given his recent track record of missed deadlines, abandoned products and failed business predictions.”

nyti.msOpinion | The SpaceX I.P.O. Shows Us What’s Wrong With Our Stock MarketThe SpaceX I.P.O. proves the stock market has become a hype machine.

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Due to his recent track record? Really? The IPO filing is talking about putting a million people on Mars, giant constellations of data center satellites, an AI market worth almost as much as the GDP and his company being a player when his model is currently not a contender. It's all fantasy.

Everyone knows Musk's companies won't deliver. But they don't believe everyone else knows it. So, everyone foolishly buys a stock they KNOW is way overvalued on the heretofore correct belief that they'll be able to sell it at a profit to a greater fool than themselves.

Elon Musk is an inveterate liar,and a crook.He wants to colonize Mars and is completely ignorant of the fact that if people travel there they can't return to Earth since their cardiovascular system ,muscles ,and bones will be significantly weakened while on Mars due to it's 62% weaker gravity.