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by adam_arthur
2 hours ago
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Half of the companies in the S&P 500 are trading at over 10x sales. SpaceX is just another one on top of the pile, whenever it gets included. Valuation multiples always mean revert on a long enough timeline... you can position for it today if you care to. https://www.multpl.com/s-p-500-price-to-sales |
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