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SpaceX Is Junk. That’s What the Bond Market Says (archive.ph)
submitted 3 days ago* (last edited 3 days 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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[-] SaveTheTuaHawk@lemmy.ca 0 points 1 day ago

Falcon 9 launches that contain starlink are also profitable because of starlink.

And Tesla cyber trucks are being "sold" to SpaceX.

It doesn't take a market analyst to see money is just shuffling sideways, not coming in. Many countries are launching Internet satellites this fall.

this post was submitted on 04 Jul 2026
410 points (97.5% liked)

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