You're assuming the economics will ever make sense. Remember what happened to WeWork?
replyWarning to readers-- do not take stock advice from random comments on the internet
replyIt’s not a random comment, it’s a comment from Hackernews which is filled with smart people who are tapped deep into these industries.
replySo you'll be buying if it's at $5T market cap then? Because if not, you agree it's a matter of how much it's worth to pay for the wildly different ranges of future growth.
replyIn 10 or 20 years when people are still bitching about P/E ratios the price of SpaceX will still be way higher than whatever you buy it at IPO.
replyEither that, or it will be zero.
16 years ago when Tesla IPOed, people still bitched about it just the same way. Do you think buying and holding the stock all this time would have been some bad investment? Or what about bitcoin, which truly has no value?
Read the room. Just get in there and make money, or get left behind.
the AI companies make way way too much revenue to be f*cked, and people are hooked and they have not tested limits of their pricing power yet.
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