Re:SpaceX becomes the second-ever unicorn company to reach a...
by missedthecue on Saturday October 09, 2021 @06:09PM
(#28813758)
Hacker News really really really seems to think the stock market is solely focused on short term results, meanwhile, Tesla is valued at $770 billion dollars because they maybe might create a valuable energy business sometime in the future.
Other examples are Uber, DoorDash, Lucid Motors, etc... money losing companies with nosebleed valuations because investors believe in the long term.
Other examples are Uber, DoorDash, Lucid Motors, etc... money losing companies with nosebleed valuations because investors believe in the long term.