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by kklisura 12 days ago
> There’s simply no version of financial reality that values this company at over 1T.

Aswath Damodaran recently (pre S-1) valued SpaceX at $1.2T [1] - yeah I was shocked as well. Unfortunately, I haven't had time to dig into his numbers. But yeah, there's your _financial reality_.

[1] https://www.youtube.com/watch?v=WhY5EF1_LjQ

1 comments

Who is this guy and why should I listen to him?
If you're into finance or you're entering into it you should definitely know him. Google him. Watch his lectures. You can learn a lot from him even if you disagree.