Re:Tech bubbles are bursting all over the place
by freeflight on Friday May 13, 2022 @03:06PM
(#31371400)
Indeed, which also begs the question; How much of that growth is driven by the over-valuation?
Particularly as Musk is no stranger to using creative accounting techniques, and sheer speculation, to make his companies suddenly look more profitable [0]
There's also him leveraging his other companies to create growth among each other. Like Starlink being a major customer for SpaceX.
Which could either be really smart, or the making of a really impressive house of cards.
Particularly as Musk is no stranger to using creative accounting techniques, and sheer speculation, to make his companies suddenly look more profitable [0]
There's also him leveraging his other companies to create growth among each other. Like Starlink being a major customer for SpaceX.
Which could either be really smart, or the making of a really impressive house of cards.
[0] https://www.cnbc.com/2021/04/26/teslas-bitcoin-speculation-h...