[ncallaway]

> Historically a $1T market cap with a PE of 20.0 would be achievable with a $50B/yr profit. That seems easily achievable eventually for SpaceX, as it has actual hardware and services and IP.

It seems crazy to me to make a comparison between a company being valued on it's current profit and then to say it's reasonable for another company to have the same market cap because it could eventually have the same profit.

[queuebert]

I didn't say that at all. I said it was achievable for SpaceX eventually. It's not a $1T company yet. Reading comprehension, people.

[ncallaway]

Your sentence was the direct response to the question:

> Yeah, but is SpaceX actually worth $1T

The question and context of your response was about SpaceX's present value. Given the context, I think my response was absolutely a fair reading of your response.

> Reading comprehension, people.

Indeed.