Comment by ath3nd

With stock prices divorced from reality, the ones who benefit are the having the funds to buy in volume, the gamblers, and the ones hyping the stocks and creating the illusion of profitability and growth. Years ago it would have been unthinkable to have so many unprofitable companies with unclear path to profitablility having such a high valuation, but we have normalized frenzied gambling as a society.

The current absolute balloon of a market is about to pop, and sadly, the people who hyped the stocks are also the ones knowing when to jump ship, while the hapless schmucks who believed the hype will most likely lose their money, along with a lot of folks whose retirement investment funds either didn't due their diligence or were outright greedy.

In a way, as a society we deserve this upcoming crash, because we allow charlatans and con people like Musk, Zuck and Sam to sell us snake oil.