mars
ephemeral business models are better in space. especially those that burn a billion in cash a quarter. better to lift off than offer ecological transportation
a quad in 2013. 50 billion cap. at 25 billion still trades at 4x of 2013
to wit courtesy of james chanos
“Put it this way. If you wouldn’t be short a multi-billion-dollar loss-making enterprise in a cyclical business, with a leveraged balance sheet, questionable accounting, every executive leaving, run by a CEO with a questionable relationship with the truth, what would you be short? It sort of ticks all the boxes.”
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