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SpaceX’s Bubble Warning from Grantham | Raleigh News
SpaceX’s soaring valuation is under fire from Wall Street, with veteran investor Jeremy Grantham calling it a “fabulous BS story” and warning of bubble-like signs. While the company’s Starlink division is profitable, rocket and AI arms are hemorrhaging cash, and recent losses hit $4 billion. Despite big contracts and Nasdaq-100 inclusion, looming stock sell-offs and a lack of the bull market that fueled Tesla’s rise could crush its price — Grantham says he’d only buy if it dropped to 10-15 cents. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on…
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