Small investors scrambled to buy SpaceX, despite belief valuation 'stupid'
3 points
1 hour ago
| 1 comment
| cnbc.com
| HN
SilverElfin
24 minutes ago
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I think the problem is the market is often irrational and subject to groupthink. It’s not irrational to take a bet that the value somehow sticks around, especially with all the games being played to prop up this overvalued stock.
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