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Small investors scrambled to buy SpaceX, despite belief valuation 'stupid'
(
www.cnbc.com
)
3 points
by
1vuio0pswjnm7
10 hours ago
1 comment
SilverElfin
9 hours ago
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.