Re:SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P
by queuebert on Friday June 05, 2026 @02:06PM
(#48416097)
I didn't say that at all. I said it was achievable for SpaceX eventually. It's not a $1T company yet. Reading comprehension, people.
Re:SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P
by ncallaway on Monday June 08, 2026 @02:00AM
(#48441785)
Your sentence was the direct response to the question:
> Yeah, but is SpaceX actually worth $1T
The question and context of your response was about SpaceX's present value. Given the context, I think my response was absolutely a fair reading of your response.
> Reading comprehension, people.
Indeed.
Re:SpaceX, Other Mega IPOs Denied Fast Index Entry by S&P
by queuebert on Friday June 12, 2026 @02:38PM
(#48507795)
Markets are forward looking, pricing in future cash flows. No one should be thinking about SpaceX's present value when buying their stock. If you do that you'll always be too late to the party.
That said, I don't agree on the valuation, but I can see where some people could be coming from.
It seems crazy to me to make a comparison between a company being valued on it's current profit and then to say it's reasonable for another company to have the same market cap because it could eventually have the same profit.