SpaceX lost nearly $5 billion last year. Is a $1.75 trillion valuation actually justified?
I'm trying to separate the excitement around Elon Musk from the actual investment case for $SPCX
The company just completed the largest IPO in history and is now valued at roughly $2.11 trillion. At the same time, it reportedly lost almost $5 billion last year and generates only a fraction of the revenue produced by most companies in a similar valuation range.
The bullish argument seems to be that investors aren't valuing SpaceX based on today's financials. They're valuing Starlink, launch dominance, defense contracts, AI ambitions, and potentially entire industries that don't fully exist yet.
The bearish argument is that at some point valuation still matters, regardless of how impressive the vision may be.
For those who are bullish, what specifically makes a $2.11 trillion valuation reasonable today rather than five or ten years from now?
$KINS 50K -> 10M (200x)
Kintara was the first memecoin I called on my public channel.
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And I'm still holding $KINS.
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A $5,300 buy would’ve been generational, anyways, I'll be taking some profits here and look for the next P2E play!
i just finished selling over $50,000 in profits from $KINS
last week, i was down $24,000, complaining about my trades “never aging well”
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never give up, thank you @PlayKintara team
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Space(notX) is the biggest loser today
Looks like besides the SpaceX biggest losers today were other space-related companies, often only by name.
Top 3 worst performing stocks today all have Space in the name:
1. $FLY - Firefly Areospace
2. $YSS - York Space systems
3. $ASTS - AST SpaceMobile.
Several other companies have space related tickers or names:
4. $VYOG - Voyager Technologies
5. $LUNR - Intuitive Machines
8. $SATS - EchoStar Corporation
9. $RKLB - Rocket Lab Corporation
10. $MDA - MDA Space Ltd.
and of course let's not forget about SPCE :)
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📌Notice:
Metauce Discord is temporarily closed due to an accident and will be back soon.
If you have any questions about Metauce, please ask on our Metauce official Telegram https://t.co/sd3TxggMZd
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