@RicochetRowdy The stock is not based on fundamentals of the company but the emotional fundamentals of the retail bag holders who pumped this far too high!
@Okinoshippai@jawwwn_@elonmusk@peterthiel Yes the guy isn't a trillionaire just because the 4% of public stock has been pumped. The companies has not 5x in the past year without any fundamental improvements
Yet another post with half baked knowledge.
Not only has buffett sold HALF his stake multiple times, which btw if elon does his house of cards will fall instantly, the amount of profit Berkshire made last year (~67 Bn $) is equivalent to what spacex just raised.
It's more than all the revenue spacex and all the garbage inside the entity has made in the last 3 years combined.
There's absolutely no comparison, Buffett even after donating more than 60 bn $ across many years is the most cash rich Billionaire out there.
Stop posting without understanding anything, Buffett made most of his money from insurance operations and apple, in cash terms, both are important to society.