Paging AOC
/
BREAKING: SpaceX posted its first quarterly profit as a public company on Tuesday with revenue more than doubling, driven by its artificial intelligence business - Revenue: $14.6 billion, up 161% year-over-year. - Net Profit: $4.4 billion, compared with a $1.1 billion loss a year earlier. - AI Business: Super Intelligence revenue surged to $7.6 billion, up from $813 million. - Starlink: Reached 13.6 million subscribers, with connectivity revenue rising 69% to $5.2 billion.
— Insider Paper (@TheInsiderPaper) October 20, 2026
Here’s wisdom from an anonymous FWIW commenter, doubtless one of those gifted Wall Street denizens we see on TV stock shows:
Anon
An analytical analysis of the revenue generated by his companies relative to the market capitalization would conclude the valuation multiple given to Musk related companies are at least 5x those given to other companies. If you look at Tesla, they have had declining sales for two years and an uncompetitive product mix relative to Chinese competition. Thr stock value is held up by promises of humanoid robots nobody has seen and the quasi religious worship of this man by people like you buying the stock. AKA as stock pumping bullshit artist. Que the Tesla merger in 3, 2, 1 …
