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SpaceX Is Junk. That’s What the Bond Market Says (archive.ph)
submitted 1 day ago* (last edited 1 day ago) by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world
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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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[-] Faithless@lemmy.world 0 points 14 hours ago

To me it is unexpected in the sense that the market has been responding positive to all previous recent fantasies ..

Bit sadly it is still extremly overvalued

this post was submitted on 04 Jul 2026
355 points (97.1% liked)

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