For those of you who have repeatedly asked me to do the Halal-Screening for SpaceX, this is what I found.
While I was doing my analysis, I stumbled upon a financial perspective that described this SpaceX IPO as the one where the math does not matter.
We are looking at an initial valuation of 1.77 trillion dollars that quickly surged past 2.6 trillion dollars before today's pullback. This is where your truth-wariness must come in, because it seems like normal financial metrics are being sidelined by market enthusiasm.
I understand how you might be pushed, but let me also point you to what I discovered.
I dug deeper into how Elon does his thing, and I used Tesla as an example. Let say you bought Tesla stock at the time it came on board in 2010 at its price of $17. The company adopted the split-adjusted price of each share sitting at about $1.2. When I checked the share price today, it sits at about $403. This means you would have compounded a 44% increase every year for 16 years. That is about $6,000 today. You would have been $6k richer today.
Experts say that one of the things that contributed to its success is that the investors bought the future: the future of electric vehicles and renewable energy.
Now think of SpaceX, where Aerospace, Communication, and AI are all wrapped into one. This puts SpaceX at the forefront of everything.
But don’t be surprised yet. When I checked, only one section—communication, is making money. Space exploration alone lost about $660 million dollars already in the first quarter. The AI, despite huge resource investment, does not have much positive net revenue. In short, there is a history of net losses, much like a galaxy of risk.
Normally, Elon is a guy who likes to hype his products. It’s a good strategy for him, but you should be wary of where you put your money. I also know that when buying stock, the behavioral tendencies of people mean they do not care about understanding how the company does its job. However, conscious investors are also concerned about how accountable the company will be to shareholders.
What Elon is currently selling are the Class A shares. The Class B shares, where you are entitled to 10 votes, are structured so that Elon still retains more than 82% of them even after the IPO.
And if we go by the company’s objective on its multi-planetary approach to understanding the true nature of the universe and to extend the light of consciousness to the stars, then we might say maybe Elon needs such a level of authoritarian control. In fact, it is written in the framework that Elon cannot be removed without his consent.
Nevertheless, SpaceX could be that opportunity you have to hold a critical piece in the tech industry, or it could also be a tech trap. A trillionaire gamble that needs the stars to align just right for it to pay off.
And no matter what the little me says, one thing is for sure: Many investors will not be able to avoid owning a stake in SpaceX. It is like a gravity well pulling investments towards itself, including the most passive types of investments that will bundle SpaceX into their portfolio.
It’s just that I am wary of it, and I genuinely believe you should be too. It’s not even only whether it passes the Halal screening here; it’s about your dividends.
If you are one of those investors, don’t expect to get rich quick. The company does not have any immediate plans to pay dividends. And the time has long passed to be an early investor unless you want to play the long game, not measured in quarters or even calendar years, but rather in decades.
Allah knows best.
The government dug a hole around Farm center and left it without construction signs or barriers.
Someone drove into it with a car and died...
Just like that, a life was lost for nothing but the government's unnecessary lack of concern.
Invest in your akhira by listening to Albani's lecture on gossip (gulma). O Mu’adh! Are people thrown onto their faces in Hell for anything other than the harvest of their tongues? (Hadith).
Listen to it & ask Allah to grant you tawfique.
Reflections on the Story of Qarun in the Age of Social Media: A Timeless Warning Against the Love of Wealth and the Illusion of Public Admiration. #Thread
Allah told us about the story of Qarun and how his people admired his wealth and wanted to attain what he had of fortune.
@siddiq_msani It's sickening how they attribute everything to sanyi, till today i can't understand the concept of sanyi in actual medicine. Basir is another one
Moderation in the deen is the way of the Prophet Muhammad ﷺ, and he warned against extremism.
However, those who call themselves “moderate muslims” in this age are far from the moderation taught by the Prophet ﷺ.
To them, moderation means to do what you feel you can
Thank you all for the overwhelming love, prayers, congratulations, and kind words. I truly appreciate everyone who celebrated this milestone with me.Your support means a lot, and I'm grateful to Allah for making this journey https://t.co/FaRrrN2XME's to greater achievements ahead
@AhmadGanga I'm not talking about your interest in the loan. Since you accepted the terms and conditions before using the app, which you did, you can't obtain a restraining order.
When honest living is now being mocked, and untraceable wealth is being celebrated, ba dole sabbin groups suyita fitowa ba, duk wani mara imani ya samu hanyan yin kudi.