SpaceX valuation is pure fiction
$18 billion in sales. -$5 billion in losses. Then someone pulls $780 billion out of thin air.
This isn't bearish. This is fraud. You cannot conjure value that doesn't exist. The entire thing is a house of cards built on hype and zero scrutiny.
SpaceX just got slapped with a bearish valuation. https://yhoo.it/436X6j4
Source
x.com