Francesco Rubbi

[Serenity @aleabitoreddit]

Imagine Celestial ($MRVL acquisition) was public.

The valuation would probably be astronomical in US markets (if I had to guess, $6-10B)

Because 2028 revenue projections were $500m (q4 annualized runrate), 2029 revenue projections were $1B.

And because Celestial is a core part of hyperscaler CPO programs.

Celestial's 2026 Q2 earnings would have been:

- Close to $0 revenue (Marvell said "revenue and earnings since the acquisition were not material")
- Losing -$12.5M/quarter ($50M/year)

Would people who knew what they were talking about looking at qualification cycle players say...

1. based on Celestial's Q2 P/S numbers and because it was losing -$12.5M a quarter... That it's a worthless meme stock?

Or

2. with CPO hyperscaler opportunities for 2028, it should be valued at $6-10B?

And I think that's a core cultural disagreement between US / EU cultures + markets.

If you knew how to evaluate qualification cycle players, which number actually matters? I'd argue overwhelmingly the latter.

[Francesco Rubbi @_Frek_]

@codnewsitalia @CallofDuty Ŧгєк93#4818016 #taskforce141

[Francesco Rubbi @_Frek_]

@codnewsitalia @CallofDuty Ŧгєк93#4818016 #TaskForce141 @CallofDuty

[Francesco Rubbi @_Frek_]

Ŧгєк93#4818016 #TaskForce141 @CallofDuty

[Francesco Rubbi @_Frek_]

@codnewsitalia @CallofDuty #taskforce141 Frek_93

[Francesco Rubbi @_Frek_]

#ShareFactoryStudio #PS5Share

[Francesco Rubbi @_Frek_]

#PS4share
https://t.co/iD3TeM31R0

[Francesco Rubbi @_Frek_]

#PS4share
https://t.co/oC8tFwTIQV

[Francesco Rubbi @_Frek_]

Cerco 2 Biglietti The Lumineers Bologna 26 Novembre??

[Mirko Pietrelli @X_Dark_Legend_M]

https://t.co/rSvfMSAyEb ogni team al suo interno ha un top player che fa la differenza noi invece abbiamo un indovino 😂😂 @ImAccuracy_

[Francesco Rubbi @_Frek_]

#PS4share

https://t.co/XY6KWEyO7B