Il just repost that here...
this post was submitted on 25 Jul 2026
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I have no fucking idea of investing and knew it would go down quick, even the news said it since the company has no earnings, how the heck did they not? What were they thinking?
If you can't keep up with the corrupt big boys who own and manipulate the stock market then buy a fucking RRSP. There is no such thing as a free lunch (unless you are one of the corrupt big boys who own and manipulate the stock market).
Is it Bidens fault again?
No. Clearly Obamas fault.
Thanks Obama!
/s
Hey guys don't worry! It's not a loss of all your money, just like it wasn't a full on Nazi salute.
Wouldn't lose money if they weren't stupid. How did all of us peasant folk see what was coming, but the savvy investors couldn't?
But they'd never admit that we're intelligent. That would ruin their savvy investor persona. Instead, we're just too woke or have Musk Derangement Syndrome.
The same way that investors in Theranos ignored their medially trained family members. They're gambling addicts.
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I've been thinking about founding a secular religion. One of its commandments will be "Thou shalt not be a mark." You have a positive obligation to acquire at least a modicum of street smarts. It's a special case of the principle of peace through being a hard target.
I understand that some people are incapable of taking on even that level of responsibility for themselves. They deserve special care. As for the unwilling, they're like bad drivers who expect others to compensate for their recklessness. I'm sorry if they got conned by Musk, but things like that happen when you stick your finger into the rotating blade.
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What about that orbital data center (a.k.a. "Mikoshi") idea btw? How is that feasible?! Do they want to drop all those shiny valuable RAMs and GPUs into the satellite graveyard when those satellites have worn out? Well, maybe the oceanic life can build new kinds of riffs with it. 🥲
/edit: riffs should be reefs
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It's almost like evolution provides us with an endless supply of fools.
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Funny how every dip was supposed to be a once in a lifetime buying opportunity until people actually bought near the top. SpaceX is still an incredible company, but incredible companies can still be overpriced. Reality eventually sends the invoice, even when the CEO is treated like a prophet.
SpaceX was an incredible company... Until Musk rolled in other failing companies into it.
There's no focus on space anymore, it's an LLM company with a rocket hobby on the side.
And on top of that, it’s still saddled with XTwitter’s debts.
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Classic exititis when speculative hype meets financial reality.
I thought SpaceX was at least on the right track with Starship, but then I read this article talking about how even one trip to the Moon could take up to 20 launches:
What's worse for musk - china launched and landed its own reusable rocket. Successfully landed. Spacex only cash cow now have a solid competition from china. Tesla is already losing globally to byd, no reason to believe margins gonna improve there.
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