True that - Elon is just the most glaring example.

He is as overvalued as his companies. The stock markets speculation and juicing of stock prices on hype is so obscene. Space X lost billions last year. Its road map to profitability is dependent on tech that doesn’t exist yet and government contracts from an over leveraged government and a right wing party rapidly losing favor. Tesla is wildly overvalued as well. He is a hype machine with little substance and his wealth is very tied to that hype. Fuck Elon.

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