3 ms·
Market cap has been that sort of fiction from the beginning. It's never been a terribly useful number. There's really no fixing it because the only way to "trul
by jerf 3mo ago
Market cap has been that sort of fiction from the beginning. It's never been a terribly useful number. There's really no fixing it because the only way to "truly" value a company is to sell it, for real, on the open market. Anything else is just a guess. More or less educated, but a guess. SpaceX isn't creating this problem or making it particularly worse.