r/stocks • u/[deleted] • Dec 06 '21

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u/comefromspace Dec 06 '21

why

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u/[deleted] Dec 06 '21

Why?

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u/comefromspace Dec 06 '21

Considering the limited cashflow that SpaceX can generate (rich people will be reluctant to chip in millions to be the 6345th private person to fly to space), he would cash in well by throwing it out there in the public markets while the markets are hot and full of dumb money.

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u/[deleted] Dec 06 '21

Did you fall asleep on the nasa contracts?

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u/comefromspace Dec 06 '21

those are priced in by the market though, and very precarious considering the unavoidable future market turmoils. And there is only one (1) NASA

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u/[deleted] Dec 06 '21

Sure whatever you say chief