• artifex@piefed.social
    link
    fedilink
    English
    arrow-up
    43
    ·
    1 day ago

    Elon needs all of his companies to stay in growth valuation mode. The moment people start pricing them like stable, mature companies (or worse) he’s kinda screwed.

    • Master167@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      9 hours ago

      Unfortunately, the stock market has been not been pricing stable mature companies. Only growth stocks get money.