

I think worth less should be worthless, then comparing it to the IPO target isn’t really necessary.
Joke aside, it’s impressive if it’s actually worth half what the price target is set at. Considering the actually realistic value of Tesla is less than a tenth the stock value.
My guess is that SpaceX is also closer to a tenth.
And X is literally financially worthless, it worth to Musk and friends is just as a propaganda outlet for Nazis.
By more realistic values, Musk isn’t anywhere near the richest man in the world. It’s just that his assets are pumped up sky high based on lies and false promises.






Which is weird, since I’ve also seen claims that XAI services are not selling very well, because other services are superior.
As you write, it’s yet another scam by Musk.