According to your friend, yes. According to someone else, probably not. Companies (as well most all things) are only worth as much as people are willing to pa

According to your friend, yes. According to someone else, probably not. Companies (as well most all things) are only worth as much as people are willing to pay for it. When a company like SpaceX raises funds at a particular valuation, you can be sure that they have done a rigorous analysis to figure out what is an acceptable valuation for their target buyers.