Comment by Dig1t
16 hours ago
How can you say “The company isn’t worth X”? Isn’t the company worth exactly as much as people are willing to pay for its shares?
I don’t personally think Google is worth $4T but the share price says otherwise.
16 hours ago
How can you say “The company isn’t worth X”? Isn’t the company worth exactly as much as people are willing to pay for its shares?
I don’t personally think Google is worth $4T but the share price says otherwise.
You’re comparing a publicly traded company where the supply demand economics have established a price to a company whose financials are not public, and is valuing itself at $1.7T and forcing everyone’s 401Ks and pension funds to fund it. Not the same thing.
>forcing everyone’s 401Ks and pension funds to fund it.
Source?
https://theconversation.com/musks-spacex-is-shaping-up-as-th...
2 replies →
When someone says that it usually means they believe the price is bound to drop.
> Isn’t the company worth exactly as much as people are willing to pay for its shares?
Really? We're still making claims like this in the year of our Lord 2026? People in the markets today are not predicting the real value of a company, they're gambling that the various political and financial machinations from people like Elon Musk will increase the share price enough that they can sell at a profit. The value of shares like Tesla are utterly disconnected from the value of the underlying business.