@BradMunchen Actually- he did not. When SpaceX has a 10 for 1 stock split it's a billion or a 100 for 1 split it would be even less. We need more details!
@antibearthesis Because the company currently makes no money. Thus, there is minimal institutional interest at this level. The retail investors bought it up but there are no more new retail investors to keep buying. At some point, the institutional support will return at a more reasonable price
@jonbrooks It's not the real estate pricing that is keeping them from coming. It is politics, weather (cost to insure against flood and hurricane) and other issues.