seven years ago when Adam Neumann's WeWork IPO consisted of him putting a finger to his lips and going "bibbybibbybibby" $40 billion of potential value evaporated overnight but today when Elon Musk does it the investor class lines up to give him money and I can't think of any explanation for it other than "the investor class is rapidly approaching Spanish Habsburg levels of cloistered and parochial self-deification."


















