cm0002@libretechni.ca to People Twitter@sh.itjust.worksEnglish · 5 days agoFloptimus Primelemmy.mlimagemessage-square78linkfedilinkarrow-up1814arrow-down15
arrow-up1809arrow-down1imageFloptimus Primelemmy.mlcm0002@libretechni.ca to People Twitter@sh.itjust.worksEnglish · 5 days agomessage-square78linkfedilink
minus-squareartifex@piefed.sociallinkfedilinkEnglisharrow-up46·5 days 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-up3·4 days 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.