If you read about Howard Hughes--the riches man of his time--went down, it sounds like Elon Musk's best-case scenario. Hughes died as an ostracized billionaire addicted to drugs with no one around him but his caretakers. $TSLA
Lol, I don't think so. Look at how the SDNY & DOJ have launched new investigations on him (and likely have a grand jury in place) since the Ronan Farrow article came out in the New Yorker. Farrow really lit the fuse, bless his heart.
I think Musk might have really killed Twitter this time. Wonder if this makes big news tomorrow. $TSLA
Unfortunately, not that much. It feels lonely on this site.
VinFast ( $VFS ) is a Vietnamese EV maker that listed 2 weeks ago. Was valued at $23bn at 8/14 listing (25% above $RIVN valuations) & now is worth $84bn or 25% more than VW Group. Worth a look at shorting (I have no position yet). Comprehensive report here: open.substack.com/pub/bradmunc...
SpaceX is officially another Elon Musk cash burner. Losses narrowed from $968m in '21 to $559m in '22, and the "preliminary" Q1 '23 profit of $55m leaked to the WSJ sounds like a classic Elon "look, we're profitable" leak to raise more cash (which they've been doing almost nonstop for years now).
Rocket company and satellite operator narrowed loss to $559 million in 2022; costs increased but revenues rose faster
oh my god he’s making them change their fucking names now, like Manson
I think that Twitter will go bankrupt, in which case, the debt owners sell it off to more competent bidders.
I'm buying puts.
I don't like META apps because they blatantly steal so much personal information from you. Happy to be on Bluesky as an alternative now, but am pretty confident that by this time, next year, Twitter won't be owned by Musk. So, better quality.