SpaceX built to separate retail investors from their money

unfortunately lose when hysteria and foolishness i.e memes take over.

Tesla is a meme stock. SpaceX will sell dreams about datacenters in space.

as long as gullible foolish people believe in the meme or the fantasy dreams - arguing your case about valuation will just leave your pockets empty & voice dry.

the only unfortunate thing is now retirement accounts might get torched.

i think the problem starts with mistaking such business for a philanthropic or non profit model.

that being said investors are a major "chattel" and if you abuse them, you start having problems.

“We are selling to willing buyers at the current fair market price.”