#SpaceX
Crazy? Expensive? Bubble?
Today I roughly looked through the history of this old company, which was established back in 2002, and I think it explains a bit why so many people would invest in this company.
If SpaceX can make over 150 billion USD in a year, then a market cap of 3 trillion USD isn’t really out of the question.
Can it earn over 150 billion USD per year for 5 years, 10 years, and beyond? It seems truly possible.
So this probably isn’t a bu­b­b­le.
After reading this company’s history, it’s hard not to be impressed by ma­sk!