🔥 $SPCX , the biggest IPO in history, is now roughly 34% down from its all-time high.
Remember the launch hype? SpaceX was going to dominate every future industry. Investors piled in on the grand vision.
But let’s do the math they apparently skipped:
- SpaceX valuation: $2.5T
- Amazon valuation: $2.56T
🎯SpaceX revenue: $18B
🎯Amazon revenue: $740B
The market was pricing SpaceX at nearly the same valuation as Amazon despite a massive revenue gap.
So is this really a crash, or is the market simply repricing expectations?
The hype pushed the valuation higher. Now reality is catching up.
Funniest part? Elon needs this thing back at its exact ATH just to reclaim trillionaire status.😂
The dream is still massive. But eventually, every valuation has to meet reality.
Trade Smartly 😉
Remember the launch hype? SpaceX was going to dominate every future industry. Investors piled in on the grand vision.
But let’s do the math they apparently skipped:
- SpaceX valuation: $2.5T
- Amazon valuation: $2.56T
🎯SpaceX revenue: $18B
🎯Amazon revenue: $740B
The market was pricing SpaceX at nearly the same valuation as Amazon despite a massive revenue gap.
So is this really a crash, or is the market simply repricing expectations?
The hype pushed the valuation higher. Now reality is catching up.
Funniest part? Elon needs this thing back at its exact ATH just to reclaim trillionaire status.😂
The dream is still massive. But eventually, every valuation has to meet reality.
Trade Smartly 😉