To make it concrete, hHow do you think SpaceX should spend its resources differently than it does?
To make it concrete, hHow do you think SpaceX should spend its resources differently than it does?
At least get your facts straight. A quick search will reveal that SPCX P/E ratio is no where close to the absurd number of 5,000 that you're throwing around.
I was being generous remembering the not so distance past.. its earnings are actually negative this quarter EPS = -0.68 did you notice the negative number that means negative P/E way worse than that 5000
That's silly.
You are advocating for either:
a) SpaceX should not have been started in the first place
OR
b) Now that it has made so much possible and is so large, it should be disbanded and the assets distributed to these hundreds of thousands of small businesses? You do realize that if you disband it, the shares would not be worth much, right? They only have value because they represent future profits from the SpaceX business.
Wouldn't be bad.
Also, without SpaceX we would now be entirely dependent on that disgusting despot Putin for all space launches, but maybe that doesn’t matter to some people, the “we don’t deserve to go to space” set who feel that all the money spent on any space program is better used on welfare programs? I suspect those people would still be pissed when their GPS stops working because the satellites failed, or were destroyed by an even more emboldened Russia that doesn’t share their values or their pacifism.