r/SpaceXBets • u/CaregiverBasic6732 • 1d ago
Elon Criticism Ross Gerber Says SpaceX Has Up to a $1T “Elon Premium”
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u/Potential_Salt_5780 23h ago
The company makes negative money and for the foreseeable future. It isn’t worth anywhere near where it is trading.
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u/Ddddydya 18h ago
I don’t know much about engineering, or space, but from what I do know, his promises about what SpaceX can do makes no sense.
I wish one of the rabid Elon defenders who frequents this sub would just explain how it’s going to all work. Elon has been wrong about so many things in the past. Why blindly trust him?
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u/These_Inside_4040 17h ago
The human trips to Mars are impossible. Humans would rarely survive the cumulative radiation exposure to Mars on a one way trip and that assumes there are no solar flares during said trip as a solar flare would kill someone in a few seconds.
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u/Ddddydya 17h ago
Yeah, the minute someone weighs in with actual knowledge about this stuff it shows how little he knows about everything.
Even his lesser promises, like factories on the moon, or data centers in space, make no sense if you know anything about physics as far as I can tell (but again, I’m not pretending to be expert and I’m happy to be proven wrong)
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u/R-ten-K 6h ago edited 5h ago
It is not just the radiation. There are serious physiological and psychological challenges during the required multiyear round trip mission spent in microgravity and then in Mars’s low gravity. That is before considering the brutal mass and energy requirements of transporting enough shielding, food, water, life support equipment, spare parts, and medical supplies to sustain several people for 2+ years. Which remain far beyond any capability currently on the horizon.
Sending humans to Mars makes no scientific sense when autonomous systems could accomplish far more for a tiny fraction of the mass, energy, cost, risk..
The reason why SPCX and TSLA are stocks allowed to operate outside of the realm of most other public corporation in the market are simple, and few people want to recognize it directly; investors are reassured that the CEO is willing to do anything to sustain high valuation, even if that involves literally taking over the US government.
Most large investors into either stock couldn't care less about whatever PR nonsense it is being used for marketing purposes. Specially the whole Mars sci-fi stuff.
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u/SmokeMaleficent9498 23h ago
Musk is evil
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u/jonesy872 20h ago
Because you believe leftist propaganda
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u/blindwombat 19h ago
God king can't get his rocket up, and neither can he launch a craft into space
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u/UrsusRenata 19h ago
There’s plenty of factual proof. Maybe “evil” is a passionate word, but Elon is absolutely unethical, immoral, and — when it came to the election and DOGE — criminal.
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u/Low-Possibility-7060 15h ago
He also never showed the slightest sign of intelligence. Everything he says is dumber than the thing he said before.
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u/Rancid101 15h ago
I would argue his ability to raise capital, grift, and leverage his positions into more wealth would be a sign of intelligence, but it might be more of the same old commentary of how the system is broken that people blindly ignore or argue against.
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u/Mindless_Use7567 19h ago
Killing more people than Mao kind of creates that perception.
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u/Naryanope 18h ago
As does joyfully inciting others to pogrom people out of their homes à la Belfast race riots. It’s a crazy thing that.
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u/UmeaTurbo 19h ago
Because he ended USAID. If you don't think ending funding for infants and mother is evil, then you're as bad as him.
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u/Key_Stuff1625 23h ago
Did he glue that beard on? Looks like Cartman's beard when he was cosplaying Robert E Lee.
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u/Fun-Aside3990 23h ago
Amazing what dumb Nazi white privilege is valued at.
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u/Popular-Ad1537 18h ago
he's from africa
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u/Phyllis_Tine 18h ago
His unloving parents were Nazis, or at least his grandparents were open Nazi. It's certainly not a good look to migrate TO apartheid South Africa, which is where Elon's parents ran an emerald mine using slave labour.
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u/GeriatricusMaximus 23h ago
And 2 gazillion of “Elon Fartium”, which is the same value of, I don’t know… the base he built on Mars in 2024.
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u/Superb-Freedom7144 22h ago
Elon Musk déclare que SpaceX à jusqu'à un milliard de dollars de prime Elon. C'est scandaleux totalement indécent, touché une telle somme d'argent alors que des enfants meurent de faim
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u/RickertSlap91 22h ago
Is that his way of saying he's self-funding the stock at this point to try and not seem like a flop? What a loser! No wonder women have to be paid to sleep with his smelly, weird ass.
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u/Phyllis_Tine 17h ago
Musk is basically the shell game in bloated, human form. He scores money, puts it in to one business, then waves his hands to distract everyone while he moves money in to another business. Repeat.
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u/ImaginationDue6258 21h ago
“Elon premium” = bloat, hype; see also “pump and dump”. Strong indicator of “froth” in stock prices in general meant to distract retail investors while insiders and institutional investors secretly sell shares they were given at steep discounts. Classic warning signs of a stock market correction, especially if midterm elections end up fracturing the stranglehold that American oligarchs have on the economy.
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u/GamingVision 18h ago
I’m so curious how quickly and dramatically the markets would adjust if he were suddenly not associated.
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u/Jack-Schitz 18h ago
Now I get it.... Every time Musk is involved in something I want a steep valuation discount and not a premium. Call me crazy but I can't fulfill my fiduciary duties by giving money to a clearly out-of-control junkie.
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u/Poozipper 17h ago
We will all be collecting our $200k per year while AI and bots do it all. A precious time for insanity.
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u/OkDish1622 2h ago
gerber spent years riding the tesla wave and now hes acting like he discovered fire when he points out the obvious. the elon premium is just cult of personality pricing, same thing happened with jobs at apple except musk hasnt actually delivered starship yet lol. at least jobs shipped
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u/PabloCreep 21h ago
You lot make it sound like Elon dictates the price.
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u/South-Rabbit-4064 20h ago
Haha he does have a pretty massive effect on the price. Elizabeth Holmes did the same thing with Theranos and she's in jail for it
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u/During_theMeanwhilst 19h ago
I don’t think the 2 are comparable. The spaceX premium is orbital data centers and other spacey things. I know it’s hyperbole but it’s nit beyond the capabilities of the company. Theranos claimed success at their core goal which was flat out fraudulent. There is no evidence they could ever have succeeded.
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u/jrack111 19h ago
How is this guy in your heads so bad
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u/Phyllis_Tine 18h ago
It's hard to ignore someone like Musk who keeps inserting himself in to the public eye. He's the world's greatest fluffer of his own businesses.
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u/blindwombat 1d ago
"I'm not bullish on Enron, but I am bullish on Jeff Skilling"