Great opportunity to SHORT SpaceX now that the S&P has refused to break its rules to force index investors into this garbage stock. Who is on Team SHORT?

Investor summaryBearish

Author urges shorting SpaceX citing high valuation, Musk's instability, and S&P 500 exclusion, predicting a drop to $80.

Bear points

Extremely high valuation metrics (PE of 135) suggest the stock is overpriced relative to fundamentals.
Exclusion from S&P 500 index removes a major source of passive institutional buying pressure.
Leadership risks and execution failures associated with the CEO may lead to value destruction.

AI 资本开支

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How many warning signs of a rug pull does this have? Let's see:

\* Insane PE ratio at $135 asking price and $1.5T

\* xAI hold a real threat of value destruction

\* Erratic ketamine junkie at the helm overpromises and fails on his deliveries

\* welfare queen rocket company uniquely dependent on Uncle Sucker?

\* Filing on April 1 shows they know this stock is an April Fools joke for fools only.

How far down can we ride this boat anchor? $135 down to $80 would be a tidy short term profit.

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