This content was created by Alexander Lorenzo. This content was uploaded by Alexander Lorenzo. This is a YouTube video titled "Everyone Is Mad At Spacex For The Wrong Reason" (uploaded 2026-08-10) containing an English back-and-forth commentary between two speakers (labeled SPEAKER A and SPEAKER B). The speakers discuss a recent large drop in SpaceX valuation, criticize hype-driven investing and market manipulation, debate Elon Musk's role as a storyteller/trader and Tesla's carbon credit revenues, and frame the situation as both a systemic transfer of wealth and a potential buying opportunity for investors.
Chapters
So for all of those people out there that aren't paying attention, SpaceX lost a trillion dollars in valuation in 30 days.
You never want to buy hype, guys. This is exactly why I didn't get into it specifically. A whole bunch of hype. Richest person on Earth. I mean, that was a great marketing campaign. Once people start realizing that trading is not about numbers and it's about marketing campaigns and it's about these people are business people and they're trying to sell you shares like they're trying to sell a pair of shoes. Then you stop getting wrecked by buying over hype. What people don't understand about, um, Elon Musk— he's a great businessman, all these things are great, uh, but he's even a greater trader. He's like a portfolio manager of his companies. He builds hype and then monetizes it, but not in the way that people think. People think it's like, oh, he has to build a product and monetize it that way. That's not necessarily the case. His companies are in some cases inflated in valuation Simply because he's a good storyteller.
And it's now getting way, way worse. He makes most of his money for Tesla off of carbon credits, which is paid for by our taxes. But back to SpaceX. Why is this such a big deal? This is such a deal because the market was so obviously manipulated.
I truly don't understand why people get upset about this. Like, that is how it's been for hundreds and hundreds of years. The problem is, is that people have this perception that's completely off from the true reality. The whole purpose of the people that make a lot of money, the rich and elite, is to siphon that money from somewhere. They need to get it from pretty much suckers, to be honest with you, and they know how to manipulate the psychology of these people to make money. That is the gist here. You could do that for good or for evil.
There was only 4% of shares made available to the retail investment environment. That means you and me. Because there were so few, they were in higher demand. Higher demand means higher prices.
Of course. So when you sell anything, let's say you're selling a pair of sneakers, you want to do everything you possibly can to shoot the demand up. That is not inherently evil. When you buy shares, what do you think they do? They use that money to build their business. That is the point of even offering a share to the public. This is called business. It is not inherently evil.
The higher the price, the higher the institutional owners who owned 90% of the stock, the higher their value went up.
This is why I always say your worldview decides your investment view. You can perceive it as evil, but the truth is everything's evil, right? You could trade with them. You're not the one doing it, but if you can identify it, you can make money off of it. And so flip your perspective. This could be a massive opportunity to make a lot of wealth. If, for example, if it's down 45%, I mean, think about it, right? You can accumulate it at these low prices. To be honest, I'm gonna make a whole bunch of money off of this, and I'm not gonna get butthurt about them doing what they always do.
