Like spacex isn't going to be the world's first 100 trillion dollar company because there isn't that much money. That's nearly as high as the global GDP.
Crazy growth rates are not possible.
Like spacex isn't going to be the world's first 100 trillion dollar company because there isn't that much money. That's nearly as high as the global GDP.
Crazy growth rates are not possible.
That doesn't really matter. As we saw with crypto valuations, market cap is just number of shares * last price.
If you have 1 trillion shares and one is traded for $100 you have a 100 trillion market cap.
The point was just this: you don't need $100 trillion to actually exist for that market cap to be possible.
It's almost as if SpaceX would have to use another planet's resources to generate money for that valuation. Oh wait...
They’re thinking “Tesla stock trades at absurd P/E for no reason other than vibes… this one might, too!”