[flowerlad]

Goldman Sachs projects SpaceX’s total revenue to reach $474 billion in 2030, up from $18.7 billion last year. That’s 25x in just 4 years. It shouldn’t take long to check if real growth is along this predicted trajectory. But by that time Elon Musk will have sold enough of his shares. We will pay through index funds in our 401(k).

[SilverElfin]

Goldman is also the lead underwriter of the IPO as I recall, so their valuation analysis is a conflict of interest. See Morning Star, who values SpaceX as half the value they’re seeking:

https://www.morningstar.com/stocks/spacex-what-investors-nee...

[ben_w]

An aside, but I'm still amused that Morningstar Inc., the American financial services firm, shares a name with the Morning Star, a left-wing British daily newspaper originally founded in 1930 as the Daily Worker by the Communist Party of Great Britain.

(Also, y'know, synonymous with Lucifer).