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Crosspost

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cross-posted from: https://feddit.uk/post/51702010

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The bond market’s assessment also jibes with SpaceX’s stock. It’s a profitless, non-dividend-paying, one-person-controlled, empire-building project trading at more than 100 times sales, about 30 times the valuation of the S&P 500 Index. That’s the very definition of a junk stock.

Original link: https://www.bloomberg.com/opinion/articles/2026-07-02/spacex-is-junk-that-s-what-the-bond-market-says

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submitted 2 months ago* (last edited 2 months ago) by BonesOfTheMoon@lemmy.world to c/memes@lemmy.world
 
 
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The truth (piefed-media.feddit.online)
 
 
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