Am I wrong? 98% of $meta's revenue is advertisements, textbook innovationless company. Zero ability to pivot.
$wmt trades at a 42 p/e its just repackaged chinese shit zero innovation.
Im not seeing any growth in either of these companies and yet they are textbook 'value' according to many people on here.
And who in the space market has starship sized ships that are doing launches 3 times a week? Trains dont give you access to new frontiers they just allow you to move to the frontiers quicker. I can hold spaceX and literally not care if my portfolio goes to zero because if spaceX dies and there isnt a better competitor, theres no future where i care about having money in regardless.
"Investors" say you should focus on p/e ratios and fundamentals, but i literally dont care about $meta or any other similar innovation-less software companies out there and i wont ever care. Seems many agree with me otherwise $spcx wouldn't be at like 220$ right now.
@sdmat123@GodsBurnt Can't get to space with a horse. You could however still transport things without the railroad companies via boats & horses railroad never had a monopoly.
@PaperboyAcc@crypt0lake If starlink served 10% of the population what would there revenue be? Currently they only serve 0.12 to 0.15% of the population. 10% is realistic as the world gets wealthier and remote land and ocean travel grows. And dont forget xAi and Twitter
America put people on the moon like almost 60 years ago the idea that its more difficult now is false.
People thought SpaceX would fail to even launch anything without blowing up, SpaceX succeeded.
People thought SpaceX would always fail to catch boosters, something never done before in the history of humanity SpaceX accomplished that.
Dont bet against some of the most extremely talented human engineering ever.