SpaceX Losses Even Worse Than We Thought
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In this video we analyze SpaceX’s recent released IPO prospectus.
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#wallstreetmillennial
0:00 – 1:01 Intro
1:02 – 5:29 Starship
5:39 – 6:34 Starlink
6:35 – 13:02 AI
13:03 Anthropic Deal
Comments
Latest news
@akin242002
May 25, 2026 at 6:12 pm
What scares me is the "Market cap" calculation will boost it to the top 10 holding in all Total USA funds. This includes VTSAX, SWTSX, FSKAX, FZROX, ETTOX, VTI, SCHB, and ITOT to name the most popular ones.
At least the S&P 500 has profitability standards and board approval requirement before entering into the S&P 500 fund.
@cougar2013
May 25, 2026 at 6:12 pm
Your hatred and jealousy for successful people is why your channel struggles. I would have paid to make this comment visible, but it’s not an option.
Hope selling your soul for these liberal idiots is worth it. Pro tip, none of them care about you or even themselves 😂✌️❤️
@herbturbo
May 25, 2026 at 6:12 pm
Most anticipated were Facebook and Google. This is just a scam.
@smoozerish
May 25, 2026 at 6:12 pm
A grifter selling a big smelly turd.
@thebigpicture2032
May 25, 2026 at 6:12 pm
Everything about Elon Musk is worse than you think.
@curtiswfranks
May 25, 2026 at 6:12 pm
Block 2 was a failure. Everything else with Starship has been a remarkable success (noting that it is too early to tell with v3).
@godlike46
May 25, 2026 at 6:12 pm
The greatest scammer of all time, hands down
@yosoys
May 25, 2026 at 6:12 pm
In 1961, it took nasa and real engineers 8 years to complete the Apollo program sending astronauts to the moon, fast forward to modern day, after 14 years SpaceX starship has not gone anywhere 😂, real engineering
@lawLess-fs1qx
May 25, 2026 at 6:12 pm
The 1% changed the rules so this crap will be in the Index funds within a month rather than a year. Pension funds forced to buy this turd
@TheKaelan
May 25, 2026 at 6:12 pm
something that i think was missed was that the gpu rental can be cancelled with a 90 day notice
@noconsent
May 25, 2026 at 6:12 pm
Lets hope SpaceX IPO also takes down Tesla.
@elhefe83
May 25, 2026 at 6:12 pm
It does not matter, his zealots will gobble it all up once more.
@Michael_Brown_
May 25, 2026 at 6:12 pm
With the inclusion in the Nasdaq100 they are force selling all bad former decisions and all future decisions of that guy onto the ETF investors.
This is a scam at the highest levels so far and everyone should shun whatever this guy is involved with.
@socoman99
May 25, 2026 at 6:12 pm
As it's currently designed, Starship cannot reach orbit as it's too heavy and cannot carry 100 tons, as advertised.
@HonuFlight
May 25, 2026 at 6:12 pm
SpaceX exists entirely off government welfare. The all of Elon's companies have ridiculous evaluations.
@rs2832-s6e
May 25, 2026 at 6:12 pm
$1.75T valuation. Starlink does $11B and is the only real business. The other $1.4T is a money furnace — an AI unit losing $6B a year that rents its own GPUs to Anthropic because it can't sell its own models. Only 5% floated, so existing owners buy up the IPO to hold the price. Fast-track index rules were rushed through so ETFs are forced to buy within weeks at the meme price. As ETFs buy, insiders and venture investors dump for exorbitant profits. This is engineered to make SpaceX and xAI insiders rich at the cost of retail that doesn't even want to participate — via every pension fund and S&P 500 ETF. Biggest stock scam of the century, maybe ever. (Planned OpenAI and Anthropic IPOs — likely same concept.)
@JoseGuerrero-x7c
May 25, 2026 at 6:12 pm
Musk will be in hell along with Trump for their ill-gotten thievery.
@faxmebeer33
May 25, 2026 at 6:12 pm
*Gulf of America
@Puzekatz
May 25, 2026 at 6:12 pm
When the satellites disintegrate, they are putting horrible metals like mercury into our atmosphere. This does Not occur naturally. This is pollution of a whole new caliber. Wow the future is bleak.
@bobasawrus
May 25, 2026 at 6:12 pm
Starlink is definitely the future
@douglaswatt1582
May 25, 2026 at 6:12 pm
One of the least appreciated dimensions to sociopathy is its intrinsic connection to incompetence. Yes, that's right, quite counterintuitive, and of course completely against the conventional image and understanding of the most sociopathic group of all time, the Nazis. Musk has been successful in spite of his incompetence largely because he appears so competent, and he certainly does have some knowledge of the domains in which his business is operating. But in point of fact, part of the reason the Nazi project failed was because of the staggering incompetence of its middle management. To say nothing of its grotesque incompetence at the top. Not in any way to suggest that they were not also evil. Fortunately for us, evil oftentimes is deceptively paired with stupid and incompetent despite the fancy grandiose wrapper and high IQ suggesting otherwise. This offers a paradigm into the future of the Tech bros. Every one of them is sociopathic and deceptively incompetent.
Musk is staggeringly incompetent again, not because he lacks ruthlessness or motivation but because his grandiosity makes it impossible for him to make accurate judgments about virtually anything. Musk is what I call a delusional futurist, this is not the tautology that future technology will be better than today's technology, it's the delusional embrace of all things that might be futuristic in a reckless and pell mell fashion, irrespective of cost or whether or not it's a solid business plan, to say nothing of whether or not it's good for the planet or for the employees. The average person can't possibly see through the web of b***** and rationalizations and wildly grandiose Notions people like Musk construct. So he continues to sell people what is essentially a snake oil, and as long as enough people are conned into it to provide a pyramidal scheme of money flow, nobody notices that the emperor doesn't have any clothes. Once the AI bubble bursts and The Dominoes start falling, wait for the blame game, the conspiracy theories and the demands for government bailout.
@Puzekatz
May 25, 2026 at 6:12 pm
How much pollution has this caused
@kennethferland5579
May 25, 2026 at 6:12 pm
Correctiong, the first launch was not terminated by ground control, it broke up mid flight.
@SixTough
May 25, 2026 at 6:12 pm
Musk to transition in order to take bigger loads
@CowboyCowboyCowboy-h8l
May 25, 2026 at 6:12 pm
Unfortunately Trump has forced the SEC to change rules so spacex can actually dump their ipo losses on the general public's pensions an over inflate valuations. It will sell and trade high with a lot of corrupt high end markets and then barf itself to death into the next American depression.
@amkeil
May 25, 2026 at 6:12 pm
I wouldn’t invest in Musk’s scam even if it would make me a billionaire. He’s a fraud and a conman.
@paulg2736
May 25, 2026 at 6:12 pm
It is great that we all can vote by how we use our money, and there is not a chance that I would use my money to vote for this IPO and all the scary history that gets it to this place.
@JeanRebo-j9b
May 25, 2026 at 6:12 pm
You could use ai to do the voice-over, with your voice but less gayish it's anoying everytime, i love your channel tho. It's the only time i encourage this, i think you really need it.
@Mrwaffleandmilk
May 25, 2026 at 6:12 pm
I worked with people from space x we got a lot of people looking for work in aerospace when they decided to leave to Texas. I did not personally work at space x. I applied for years but they never responded.
After hearing their stories I’m glad I never put myself through that. Aerospace is demanding enough now add on a CEO who thinks Sci-Fi is reality and paying vendors is voluntary. They regularly slept at work. Constant competition amongst employees. Dangerous work environments. Now this is pretty normal for aerospace with the exception of sleeping at work. That’s insane for such a large company especially one whose primary business is launching satellites into low earth orbit for internet. Something that’s been around since the 80s.
Comments are closed.