I really love this thumbnail btw. I'm saving it. Get your ticket on that wheel in space while there's time, the fix is in. You'll be a witness to that game of chance in the sky, you know we've got to win.
15:16 desperate times call for bullshit your government sponsors will actually buy. Of course this ignores that the product is entirely bullshit, but anywho. What’s a few billion dollars between you and your pals in the Trump admin?
Mr Credentials With A Pocket Square scoffs at things again. Would nice to have one positive investment video for once, but I fear with Patrick's outlook it would've something like windmills.
I’m not a big Musk fan as at least with Tesla he makes promises well ahead of delivery. That being said, Space-X launch volume exceeds the launch volume of all other platforms on Earth combined. I don’t own any Musk related stocks directly though they are certainly holdings in my pension fund and individually owned mutual funds. With all of that, the weight of history is that those who discount Musk have tended to be wrong, and I include myself in that group.
14:35 The moon has much lower gravity, so launching from there to space is a lot more efficient. Same reason the moon is often pitched as a "stepping stone" to Mars. Imo you're overselling the technical problems, all the stuff Musk proposes is technically possible. The issue is just that it'd hideously expensive to build and operate and can't ever possibly be profitable no matter how many people use it
It will not work. 7 trillion? What global, ubiquitous product does SpaceX have? There are not apples with iPhones in the hands of everyone. Starlink is too expensive for most people that have cheaper ways to get internet. And X loes money and is full of right wing grifters. XAI is buning 12 billion every year. Space dataenters can be built cheaper on earth. All for Grok, a worse model than GPT-4, Claud, or Gemini. And the massive cost if a million space data centers will never be made back with Grok subscribers. Also, he wants to build his own AI chips that would have to not only be better than Nvidia's but also keep up with their pace of AI chip innovation every year in and out for this to work. Spending more than you make on speculative products for speculative projects in the future profit are not good business fundamentals.
i think the moon factorie ist just because lunch from moon is much cheaper then from earth because lower gravity and air friction to launch again. i gues the moon factory will have a big problem bring up the machinery an building necessary. big domes on moon dont have to fight the earth gravity but the moon gravity is not zerro which means have fun with the steel beams for the building and even the steel building factory. at the end somewhere ist remembers me to "iron sky" movie too.
The supposed Mars colonisation system is pie-in-the-sky bullshit. SpaceX is a satellite launch and constellation management company. Between SpaceX, Amazon, China, Russia and the EU, the number of comms satellites in LEO will lock in Kessler Syndrome, confining humanity to Earth until all the LEO boxes orbits decay.
35 comments
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If you like this odd-glomerate check out Japan's Rakuten!
Hahaha also the first meme-ified IPO!
Musk has to be the biggest scam artist ever.
we are way more likely to make earth like Mars than go to mars
horoscope is real
I really love this thumbnail btw. I'm saving it. Get your ticket on that wheel in space while there's time, the fix is in. You'll be a witness to that game of chance in the sky, you know we've got to win.
Elizabeth Holmes and Theranos couldn’t hold a candle to Musk and the SpaceX fantasy story he’s weaving.
Should not be called SpaceX. Should be called “Science Fiction Inc”, because that’s what this is. What a conman Musk is!
I do find it funny everytime one of his companies is in serious trouble he just folds it into one of his other companies and repeats lol
He's going to use Astrology to scam y'all 😂😂😂
15:16 desperate times call for bullshit your government sponsors will actually buy. Of course this ignores that the product is entirely bullshit, but anywho. What’s a few billion dollars between you and your pals in the Trump admin?
FUBAR…
Thank you sir!
Mr Credentials With A Pocket Square scoffs at things again. Would nice to have one positive investment video for once, but I fear with Patrick's outlook it would've something like windmills.
I’m not a big Musk fan as at least with Tesla he makes promises well ahead of delivery. That being said, Space-X launch volume exceeds the launch volume of all other platforms on Earth combined. I don’t own any Musk related stocks directly though they are certainly holdings in my pension fund and individually owned mutual funds. With all of that, the weight of history is that those who discount Musk have tended to be wrong, and I include myself in that group.
I dislike Musk and hate DOGE.
Backholders… don't know what that is. Is it like javelin catchers?
Perfect title! Kudos! 😂😂😂😂
Well argued, you taught me a lot, and made learining humourous
14:35 The moon has much lower gravity, so launching from there to space is a lot more efficient. Same reason the moon is often pitched as a "stepping stone" to Mars. Imo you're overselling the technical problems, all the stuff Musk proposes is technically possible. The issue is just that it'd hideously expensive to build and operate and can't ever possibly be profitable no matter how many people use it
It will not work. 7 trillion? What global, ubiquitous product does SpaceX have? There are not apples with iPhones in the hands of everyone. Starlink is too expensive for most people that have cheaper ways to get internet. And X loes money and is full of right wing grifters. XAI is buning 12 billion every year. Space dataenters can be built cheaper on earth. All for Grok, a worse model than GPT-4, Claud, or Gemini. And the massive cost if a million space data centers will never be made back with Grok subscribers. Also, he wants to build his own AI chips that would have to not only be better than Nvidia's but also keep up with their pace of AI chip innovation every year in and out for this to work. Spending more than you make on speculative products for speculative projects in the future profit are not good business fundamentals.
1:16 yiu give that evil rain man too much credit. He's only talling about mars to get money to fuel his stupid space company
If you invest in this loser stock, ive got a horse ro sell you
I can feel Patrick turning Hulk here. The sad thing is, nothing we can do about until the pigs wreck it all.
I watched this initially because of the title graphic “Bagholders Wanted” and the video did not disappoint. Well played Mr. Boyle.
Hehehe
Epic story so – time to buy SpaceX 🎉😂
Starlink doesn’t cost 120 a month. Tf?
i think the moon factorie ist just because lunch from moon is much cheaper then from earth because lower gravity and air friction to launch again. i gues the moon factory will have a big problem bring up the machinery an building necessary. big domes on moon dont have to fight the earth gravity but the moon gravity is not zerro which means have fun with the steel beams for the building and even the steel building factory. at the end somewhere ist remembers me to "iron sky" movie too.
Going to the Moon could be worthwhile, as it could be a really good source for helium, which we need, and we are running out of it on Earth.
The supposed Mars colonisation system is pie-in-the-sky bullshit. SpaceX is a satellite launch and constellation management company. Between SpaceX, Amazon, China, Russia and the EU, the number of comms satellites in LEO will lock in Kessler Syndrome, confining humanity to Earth until all the LEO boxes orbits decay.
I think you ended that sentence too early. “He’s a 55 year old man [child]”.
GIve me more AI.
why are you always focusing on the negative? why not where investors should be positioning? Classic fear content to get views hey.
Ok. Got it!
Total stock exchange collapse BUT!
AFTER the SpaceX IPO.