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The stock market rewarded SpaceX with a record breaking IPO valuation for promises that it would too offer a thing that could be reverse engineered with just 25
by gentlewater 3mo ago
The stock market rewarded SpaceX with a record breaking IPO valuation for promises that it would too offer a thing that could be reverse engineered with just 25k accounts. Possibly in space. The stock market doesn’t care.
- adastra22 3mo agoSpaceX’s value proposition is far more than AI.
- moogly 3mo agoFar more ludicrous, that is.
- victorbjorklund 3mo agoThey do claim most of their business is AI though with some rockets sprinkled on top
- adastra22 3mo agoMost of their forecasted revenue within the time horizon wall st looks at. SpaceX is making a gamble that will lead to quadrillion dollar valuations if things work out. Yes, I recognize that is larger than the entire economy of the earth. That’s precisely the point.