r/wallstreetbets
here is why you will continue to stay poor
Author argues SpaceX's valuation will skyrocket despite traditional metrics, comparing its irrational potential to Tesla and Dogecoin.
- SpaceX's total addressable market is outer space, making traditional valuation metrics like DCF irrelevant.
- Institutional investors will irrationally buy into the space infrastructure narrative, driving the valuation higher.
- Historical precedents like Tesla and Dogecoin show that absurd valuations can still result in massive price appreciation.
i see people dunking on spacex valuation. incredible. you are all too smart. here is the thing tho
spacex will pop. and it will pop harddd
“but the valuation doesn’t make sense” neither did tesla, dogecoin, or the existence of a $19 smoothie. and yet here we are.
this is not investing. this is buying a ticket to the final boss of capitalism
you are trying to DCF a company whose TAM is literally outer space. you are asking “what are the margins?” bro the margin is between earth and mars.
you think institutions are going to “value it rationally”? you think a room full of suits see “space infrastructure” on a powerpoint and goes 'nah we're good'??
god bless america