oh god he’s trying to do another gamestop isn’t he
pork, cheese, broccoli rabe
To hold $135 at a generous 30x multiple, SpaceX needs ~$60B of annual net income. Last year it lost $4.9B. So it needs $65B in profit, somehow building out of thin air the profits of Bank of America ($30B) + Exxon ($25B) + Netflix ($11B). For reference, Tesla is a mere $4B.
What an opportunity!
/9
