this post was submitted on 04 Jul 2026
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307
SpaceX Is Junk. That’s What the Bond Market Says (archive.ph)
submitted 1 day ago* (last edited 1 day ago) by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world
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The bond market’s assessment also jibes with SpaceX’s stock. It’s a profitless, non-dividend-paying, one-person-controlled, empire-building project trading at more than 100 times sales, about 30 times the valuation of the S&P 500 Index. That’s the very definition of a junk stock.

Original link: https://www.bloomberg.com/opinion/articles/2026-07-02/spacex-is-junk-that-s-what-the-bond-market-says

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[–] bluGill@fedia.io 2 points 7 hours ago (2 children)

You want it at home. The real value in your of gold is when society collapses it still is a nice metal and so has value. Iron would work to but your house isn't big enough for your life savings in iron.

I don't think society will collapse and lacking that scenario gold isn't a better investment.

[–] silver@lemmy.zip 1 points 3 hours ago

Gold is money. Central banks are the biggest buyers, and that’s not as a hedge if society collapses. It’s an escape hedge from money printing and an universal medium of exchange

[–] Zwuzelmaus@feddit.org 1 points 6 hours ago

You want it at home.

Well, I don't.

I don't think society will collapse and lacking that scenario gold isn't a better investment.

I don't think that either. I buy it when I think it's value will rise.