TeknOShEeP
15hr ago
And companies would never lie on their S-1s...
As an aside, that form was the best piece of fiction I've read in a long time. Swap the numbers between AI and space valuations and it might approximately resemble the truth.
Eh, I think a company's valuation can be broadly detached from fundamentals without being a meme stock. Generally meme stocks have nothing really of value other than flash in the pan popularity. SpaceX, regardless of their AI valuation, is still the undisputed leader in a rapidly growing, extremely high moat, extremely high future valuation industry (launch and space transport services). $SPCX is overpriced becasue all techy stocks are overpriced, but there is substance behind the hype.
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