The Space X valuation is ludicrous. If you use sum of the parts The launch business is worth 150 to 200 billion with a 7 - 12 x revenue multiple. The Starlink business is worth 400 to 500 billion with a15 to 20x revenue multiple - this is the actual crown Jewel. I would assign 0 valuation or even a negative valuation to the AI business currently.. loosing money hand over Fist.. To me overall valuation equates to about 500 to 600 billion. Which are already a very optimistic numbers.. Which will translate to maybe 40 to 50$ per share.. Spacex has a long way down to go to reach the true valuation. Hoe Nasdaq allowed it to be listed and how all the funds have to buy it is a crime. Kudos to S&P on standing their ground and not addi
S& P seems to be heating up a bit too much. without any basis. with tarrifs not going anywhere.. everyone in the US is going to be paying more for everything.. I'm not sure this is the best time for all the US titans when the citizens can't afford anything. also for US as a country, it's a bad time too, as the current policies are pushing away allies (Case in point Canada) and with trillions in Debt if the world loses confidence in the USA..the interest rates on their sovereign bonds will just keep increasing.