@klaybrowning: The Analyst btw 🤡 #spacex #tesla #invest #crypto #stocks

Grant :

Technically it is. Look at its PE. It’s trading at a 10 X premium. So is Tesla though. It’s the Elon premium. Technically it’s overvalued, but investors look the other way

Technoking99xx :

Look at their revenue. That’s how you calculate that over valuation. It’s how all public companies are measures

Breidjohnson1 :

Lol.... well its valuation is 94x of their annual revenue. Not saying, its actually a fact. So if you looked at a company like Amazon valuation; 2.8 trillion and a 575 billion in annual revenue = 5x valuation. If that were a baseline (hypothetical) then SPCX is over valued by like 1700%. I think 94% over valued is not ridiculous at all.

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ketonedean :

Nice

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