Jun 18, 2026 8:07 PM
SpaceX isn't a revolutionary tech giant; it’s a $2.75 trillion meme stock fueled by "crony capitalism" and political hype. Despite losing $4.9 billion last year, its valuation rivals Bitcoin’s peak, proving it's a "Trump trade" where early winners will dump their shares on believers before the bottom falls out. If its value depends on political favors rather than actual economics, is SpaceX just the world's largest bubble waiting to burst? What’s your take?
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