--- title: "Why don't I buy space?" type: "Topics" locale: "en" url: "https://longbridge.com/en/topics/42816775.md" description: "Musk's tweets can't save his stock either. Since SpaceX went public, in just a short month, it has already halved from its peak. But I won't touch it, just like I won't touch Tesla. Long before Space went public, I predicted that Tesla's stock price would definitely fall in the future, because buying Tesla is essentially buying the Musk premium. Now that his Starship is listed, there are more choices than just Tesla; everyone can buy Starship. Those who can afford to buy both Starship and Tesla are Musk's die-hard fans. The number of such fans is limited; it's not something that can be endlessly produced..." datetime: "2026-07-21T01:37:58.000Z" locales: - [en](https://longbridge.com/en/topics/42816775.md) - [zh-CN](https://longbridge.com/zh-CN/topics/42816775.md) - [zh-HK](https://longbridge.com/zh-HK/topics/42816775.md) author: "[股神小顾](https://longbridge.com/en/profiles/13638348.md)" --- # Why don't I buy space? Musk's tweets can't save his stock either. Since SpaceX went public, in just a month, it has already halved from its peak. But I won't touch it, just like I won't touch Tesla. Long before SpaceX went public, I predicted that Tesla's stock price would definitely fall in the future, because buying Tesla is essentially buying Musk's premium. Now that his Starship is listed, there are more options than just Tesla. Everyone can buy Starship. Those who can afford to buy both Starship and Tesla are Musk's die-hard fans. The number of such fans is limited; it's not something that can be infinitely reproduced. So, a decline in market cap is inevitable. Musk says that once we get to Mars, the world's currencies will be worthless. This Starship can go to the stars and the sea, isn't this just blatant bragging? If we can't reach Mars, I definitely won't buy Starship, because your Mars plan has failed, and you're just painting another pie (making empty promises). If we can reach Mars, currencies will be useless anyway, so I still won't buy your Starship, because even if I make money, it'll be useless. Either way, I'm not buying. Another reason is that its P/E ratio and P/B ratio are too exaggerated, with no safety margin at all, right? It's currently $120. I know it's too expensive. If it were $12, I wouldn't know if it's expensive or cheap. Only when it's $1.20 do I think it has value for money. Tesla, strictly speaking, only had two buying opportunities. The first was after Musk staked his entire fortune to help Trump take office. On the day Trump was elected, Tesla was at $280. At that time, one could indeed go 'all-in' on Tesla options, because buying Tesla was equivalent to enjoying the team bonus with Musk. In fact, Tesla did surge to nearly $500. At that time, many people who knew nothing were stuffing money into sacks. Unfortunately, I was too cautious and missed out. The second window was when Musk and Trump fell out, and the stock price also dropped to around $270-280. At this point, Trump had only been in office for a short while. Let's analyze this. After all, Musk is a major 功臣 (meritorious official), he couldn't completely cut ties with him. Cutting ties would be too shameless. He is the President, and we need to talk about political artistry. Although Americans' thinking is different from ours Chinese, it shouldn't come to immediately burning bridges. So this was also an excellent buying opportunity. In fact, it rebounded to nearly $500 again. These are the only two opportunities to buy Tesla; other times are just gambling, right? Ask yourself honestly: do you really believe in Musk? Anyway, I won't touch either Tesla or Starship stocks. But then again, while I can understand the risks of Tesla and Starship, I am often confused by those small-cap stocks. In reality, small-caps are ten thousand times more dangerous than Tesla because they can actually delist and go bankrupt. For example, CLF, sbet, bmnr, rxrx, sbsw, and many others whose names I've even forgotten. When buying, you're misled by empty promises, thinking they'll go up 10x or 100x in the future. Only when you've lost 50-60% do you regret it. Copying trades every day without doing your own research, being lazy and greedy while fantasizing about getting rich quick—how can you possibly make money? I'm wondering, why can I make money in the A-share market but lose so much in the US market? Actually, in the A-share market, I left myself room for error and only bought what I understood. In the US market, I lost money because I used leverage and options to buy things I didn't understand, without leaving myself any room for error. Everything in the world goes wrong when you leave no room for error. (Uncomfortable. When I was writing this article, I forgot that the A-share market had opened. CNOOC and Luoyang X Industry reached their selling points but I didn't sell. They surged and then fell back, resulting in a loss of 500.) ### Related Stocks - [RXRX.US](https://longbridge.com/en/quote/RXRX.US.md) - [XRX.US](https://longbridge.com/en/quote/XRX.US.md) - [SBSW.US](https://longbridge.com/en/quote/SBSW.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [BMNR.US](https://longbridge.com/en/quote/BMNR.US.md) - [BMNRD.US](https://longbridge.com/en/quote/BMNRD.US.md) - [SPCX.US](https://longbridge.com/en/quote/SPCX.US.md) - [CLF.US](https://longbridge.com/en/quote/CLF.US.md) - [SBET.US](https://longbridge.com/en/quote/SBET.US.md) - [TSDD.US](https://longbridge.com/en/quote/TSDD.US.md) - [TSLL.US](https://longbridge.com/en/quote/TSLL.US.md) - [TSLQ.US](https://longbridge.com/en/quote/TSLQ.US.md) - [09366.HK](https://longbridge.com/en/quote/09366.HK.md) - [07766.HK](https://longbridge.com/en/quote/07766.HK.md) - [07366.HK](https://longbridge.com/en/quote/07366.HK.md) - [TSLR.US](https://longbridge.com/en/quote/TSLR.US.md) - [XRXDW.US](https://longbridge.com/en/quote/XRXDW.US.md) - [BMNP.US](https://longbridge.com/en/quote/BMNP.US.md) - [UXSD.SG](https://longbridge.com/en/quote/UXSD.SG.md) ## Comments (60) - **samBaby · 2026-07-22T15:01:22.000Z**: The good news for Tesla has finally arrived - **ciibzzz · 2026-07-22T01:27:10.000Z**: Can you go heavy on storage? 🤪🤪🤪 - **奥马哈的信徒皮球 · 2026-07-21T23:54:26.000Z**: Reverse Stock God - **LokiSharp · 2026-07-21T17:05:36.000Z**: Wow, I actually didn't see this positive news - **慢就是快稳中取胜 · 2026-07-21T14:34:06.000Z**: Divine punishment! - **你还年轻，三千万不够 · 2026-07-21T14:29:20.000Z · 👍 1**: Thanks 🙏 - **安度因anduin · 2026-07-21T14:21:23.000Z**: Wow, no wonder, I went short with 2x leverage, I'm done with you, really toxic - **飞翔人生 · 2026-07-21T14:19:48.000Z**: Verified countless times, you are truly a god, boss - **跟风注定没好下场 · 2026-07-21T14:16:52.000Z**: It has already risen. Metaphysics. - **慢慢来不要急 · 2026-07-21T14:11:56.000Z · 👍 1**: Bro Gu is truly a god - **凡人炒股传 · 2026-07-21T14:11:55.000Z**: Pity I was too cautious and missed it. - **十八要发 · 2026-07-21T14:06:35.000Z**: Thank God for His mercy - **听雪西门 · 2026-07-21T14:00:05.000Z**: Thanks to the contrarian beacon, I've already lost four points - **花轮 · 2026-07-21T13:46:09.000Z**: Don't just watch the shorts, please actually short it. Gu - **哎呀呀哎呀呀 · 2026-07-21T13:02:04.000Z**: Major positive news, let's go! - **我的小钱钱 · 2026-07-21T12:12:54.000Z**: Hurry up and short it; practice what you preach. - **满仓仙人 · 2026-07-21T11:16:23.000Z**: Xiao Gu has typical linear univariate thinking - **奇迹的交易员cola · 2026-07-21T11:13:30.000Z · 👍 4**: I think we should probably start building some positions to observe. If Xiao Gu says he's going to short, I'll immediately rush in to go long 🤣@输栋楼的韭菜 - **赚够三千万 · 2026-07-21T09:27:33.000Z · 👍 1**: Yield in the top 96%??? - **真猪奶茶 · 2026-07-21T08:49:23.000Z**: I only know that the stocks you don't buy will go up. Combining with your metaphysics, just buy calls today.