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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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[-] ChickenLadyLovesLife@lemmy.world 2 points 7 hours ago* (last edited 7 hours ago)

But but ... you can hear people cheering maniacally every time one of their rockets comes back to land! It must be a legit company.

this post was submitted on 04 Jul 2026
320 points (97.6% liked)

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