Elon musk is for crypto or just for attention to boost Tesla, SpaceX?

[rdbase]

With Blue Origin rocket explosion this past weekend this will certainly boost SpaceX stock since they had almost all NASA contracts but since this destroyed their launchpad it will take years to repair it.
Elon Musk's IPO for SpaceX will also benefit on this mishap from Jeff Bezos when it goes public this month.

Indeed, rockets are hard...

Today Elon's SpaceX asked the FCC to adopt a policy that allows all phones to be unlocked from their carrier's network after 180 days.  This certainly sounds like SpaceX is planning to provide cell phone coverage in the near future.  Perhaps even a SpaceX phone or "AI edge device" will also find it's way to the market in the coming years....

That is of interest since Trump sold his own phones at one time but it seemed to fizzle out after delays and once they did finally release them his popularity was at an all-time low.
Atleast Musk is in the business of technology and actually works in the communication field with Starlink. So he should have the capabilities to easily take this on as a side project of launching mobile services on his own network of satellites.

Well phones are everywhere and has made Carlos Slim Helu the richest person in Mexico who owns America Movil so they are already saying the SpaceX IPO is going to make Elon the world's first trillionaire:

https://www.nbcnews.com/tech/elon-musk/spacex-files-s-1-ipo-make-elon-musk-trillionaire-rcna346157

They are saying the IPO will releasing 555 million shares at $135 each:
https://www.nbcnews.com/business/markets/spacex-ipo-valuation-elon-musk-rcna348287

[OgNasty]

It seems like Elon has been on fire lately. A lot of things boiling to a head at the same time. It’s nice to see he’s been banging out todo items on his list. Really looking forward to buying some SpaceX stock this week and having my truck drive to pick me up at a shop somewhere.

[rdbase]

Very true @OgNasty !

SpaceX shares began trading on the US stock exchange minutes ago according to this main stream media site.
https://www.bbc.com/news/live/czj8dd0kyl7t

On another more for the business oriented follower of this debut on the opening bell today, they see the IPO open higher as much as 30% of the initial estimates:


source: https://www.businessinsider.com/spacex-ipo-live-updates-pricing-spcx-stock-2026-6

[Abiky]

It seems like Elon has been on fire lately. A lot of things boiling to a head at the same time. It’s nice to see he’s been banging out todo items on his list. Really looking forward to buying some SpaceX stock this week and having my truck drive to pick me up at a shop somewhere.

Elon Musk is a visionary. He definitely know what he's doing. He usually takes advantage of every situation. All of the buzz is on AI and space exploration right now. Everyone's moving out of crypto and into these trends. When crypto was very popular, Elon took center stage by publicly promoting Dogecoin. He ultimately won, while investors got "rekt" in the process.

Now his little venture with SpaceX is starting to pay off. Who knows? If SpaceX becomes a huge success, Elon might as well develop his own AI-backed crypto. The attention is back on Elon right now. We'll see what happens in the long run.

[OgNasty]

It seems like Elon has been on fire lately. A lot of things boiling to a head at the same time. It’s nice to see he’s been banging out todo items on his list. Really looking forward to buying some SpaceX stock this week and having my truck drive to pick me up at a shop somewhere.

Elon Musk is a visionary. He definitely know what he's doing. He usually takes advantage of every situation. All of the buzz is on AI and space exploration right now. Everyone's moving out of crypto and into these trends. When crypto was very popular, Elon took center stage by publicly promoting Dogecoin. He ultimately won, while investors got "rekt" in the process.

Now his little venture with SpaceX is starting to pay off. Who knows? If SpaceX becomes a huge success, Elon might as well develop his own AI-backed crypto. The attention is back on Elon right now. We'll see what happens in the long run.

I know that in 2006 I started becoming very passionate about inflation.  I was certain it was the worst problem that mankind faced and wanted to dedicate myself to being a part of the solution.  I started writing a book called The Race To Debase, about governments inflating their currencies in a race to see who could get value in exchange for their fiat while there was still any value left.  This led me to Bitcoin and the greatest investment run in the history of mankind.

Here we are 20 years later.  Inflation is still a massive problem but Bitcoin has been a lifeboat (or rocket) for those who embraced it.  Today I don't think inflation is the biggest threat to mankind anymore.  I think it is being trapped on this dying planet with ever evolving woke politics that are certain to continue destroying birth rates until our civilization dies a whimper in adult diapers if it doesn't get destroyed by meteors or a black hole by then. 

A lot of people are talking about whether the SpaceX IPO is a good investment right now or if the price will fall.  I'm concerned with how long it will take to make us a multiplanetary species and have no doubt that those who invest in SpaceX now will be grabbing a similar lifeboat to those who embraced Bitcoin during the first big cycle bubble in 2013.

[coupable]

Elon Musk is a visionary. He definitely know what he's doing. He usually takes advantage of every situation. All of the buzz is on AI and space exploration right now. Everyone's moving out of crypto and into these trends. When crypto was very popular, Elon took center stage by publicly promoting Dogecoin. He ultimately won, while investors got "rekt" in the process.

I find it very strange that someone is an old forum member and at the same time sees what Elon Musk did with Doge as a visionary move toward the future. Literally this is bullshit. What happened is manipulation plan that worked well for his personal benefit. But see how many people lose their assets or the value of their assets because of the crazy wave led by Musk.

As a direct response to the question in the topic title, we could never say about a businessman if he is for or against anything because he is just seeking for his own benefit. Saylor once adviced not to sell bitcoin and promised he would never do it, then few days ago he sold 32$ because he needs to. Can we say he is a liar? Of course no, he is simply a businessman.