cm0002@libretechni.ca to People Twitter@sh.itjust.worksEnglish · 2 months agoFloptimus Primelemmy.mlimagemessage-square82linkfedilinkarrow-up1823arrow-down15
arrow-up1818arrow-down1imageFloptimus Primelemmy.mlcm0002@libretechni.ca to People Twitter@sh.itjust.worksEnglish · 2 months agomessage-square82linkfedilink
minus-squareartifex@piefed.sociallinkfedilinkEnglisharrow-up49·2 months agoElon needs all of his companies to stay in growth valuation mode. The moment people start pricing them like stable, mature companies (or worse) he’s kinda screwed.
minus-squareMaster167@lemmy.worldlinkfedilinkEnglisharrow-up3·2 months agoUnfortunately, the stock market has been not been pricing stable mature companies. Only growth stocks get money.
Elon needs all of his companies to stay in growth valuation mode. The moment people start pricing them like stable, mature companies (or worse) he’s kinda screwed.
Unfortunately, the stock market has been not been pricing stable mature companies. Only growth stocks get money.