How is Tesla worth more than Ford? Their F-150 alone outsells all Tesla models combined
Before MoviePass collapsed into a burning pile of dog poop, there was a target price of $3000... Speculators love speculating.
Side note - I bought $1000 of movie pass at $0.02. I never expected it to increase in value (which it hasn't, I'm sure), but I thought it was fun to say that I owned 0.5% of the available shares of a company.