sanitation@lemmy.today to Technology@lemmy.worldEnglish · 4 months agoSpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortunefortune.comexternal-linkmessage-square100linkfedilinkarrow-up1509arrow-down19
arrow-up1500arrow-down1external-linkSpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortunefortune.comsanitation@lemmy.today to Technology@lemmy.worldEnglish · 4 months agomessage-square100linkfedilink
minus-squareDupaCycki@lemmy.worldlinkfedilinkEnglisharrow-up6arrow-down1·4 months agoHere’s the twist. SpaceX doesn’t have to do anything at all. It can go bankrupt tomorrow and its valuation will only go up. The stock market never made any sense whatsoever, and this is just peak stock market behaviour.
Here’s the twist. SpaceX doesn’t have to do anything at all. It can go bankrupt tomorrow and its valuation will only go up.
The stock market never made any sense whatsoever, and this is just peak stock market behaviour.