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A comment on Elon Musk’s SpaceX Is Raising Money at a Valuation Approaching $10B. Parent comment

Re:Elon Musk’s SpaceX Is Raising Money at a Valuation Approa... by robotresearcher on Tuesday August 19, 2014 @12:57PM (#8198412)
> I don't think anyone has ever managed a huge valuation on being a government contractor.

Lockheed Martin is worth around $52B on the NYSE.

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Re:Elon Musk’s SpaceX Is Raising Money at a Valuation Approa... by rsynnott on Tuesday August 19, 2014 @03:13PM (#8199194)
Sorry, should have been clearer; I don't think anyone has ever managed a huge speculative valuation. Lockheed Martin has a normal big-company P/E (~16, about the same as Apple or Microsoft, or half of Google's); their price is justified by earnings. Now, if they had a Facebook-like (88) or Amazon-like (880) P/E, that'd be different.
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