If you wanted to gamble some money on it the only smart play was obviously to aim for something safe like 10% and ride the first 24 hour pump and dump. I considered it but the whole thing felt just too dumb even to risk that.
It’s mad that anyone thought this was anything but a panicked debt rescue and exit scheme
I saw some Chinese company had done a reskin or replica of the cyber truck body but actually made it look kinda cool, like something you’d actually expect to find in a film.
It just showed what an abject failure Musk is, as it’s the only car he had a hand in designing…
It had nothing to do with profit and everything to do with the tens of billions in debt that was coming due. The merger then ipo was just to dump that bill on the public.
It’s even questionable to me if some of the space x investors will be able to get out above water… Some of those shares were sold at insanely high values then diluted. Fuck them all of course, but seems likely all this ipo achieves is another year or so of runway for the ponzi
I have like 4 things installed from aur, investigated each one first, and I’m still paranoid about all of them.
The idea that anyone used one as a truck, or that it could even reasonably be used as one is pretty laughable.
But if I was a man child who wanted a toy car the Chinese one at least looks less like a bin on wheels. https://www.carscoops.com/2025/05/gacs-cybertruck-inspired-pickup-launching-in-2027/