this post was submitted on 04 Jul 2026
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265
SpaceX Is Junk. That’s What the Bond Market Says (archive.ph)
submitted 1 day ago* (last edited 1 day ago) by technocrit@lemmy.dbzer0.com to c/technology@lemmy.world
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The bond market’s assessment also jibes with SpaceX’s stock. It’s a profitless, non-dividend-paying, one-person-controlled, empire-building project trading at more than 100 times sales, about 30 times the valuation of the S&P 500 Index. That’s the very definition of a junk stock.

Original link: https://www.bloomberg.com/opinion/articles/2026-07-02/spacex-is-junk-that-s-what-the-bond-market-says

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[–] wonderingwanderer@sopuli.xyz 5 points 13 hours ago

Most members of the public don't have any control over what the managers of their retirement accounts choose to invest in.

Beyond that, I'm pretty sure an IPO comes with an obligation for some index funds to invest in it.