LanlanCC
05-14

In human history, there has never been a company with an annual revenue of about $15.6 billion that has been valued by the market at $1.75 trillion. It's not mathematics, it's religion, it's Elon Musk.

SpaceX Surges 9.7% — Is AI Becoming Its Top Business Segment by September Realistic?
SpaceX +9.65%, extending the post-lockup rally. The trigger: Musk forecasting AI becomes its largest segment by September, far sooner than assumed — moving the valuation story from launch and Starlink to compute. The debut print: revenue +92% YoY, a beat; AI losses narrowing faster than expected; AI capex running hot, first flagged as a problem, now read as front-loaded spend. Cathie Wood added on the pullback; JPMorgan reset its target. Value SpaceX on Starlink and launch cash flow, or on AI compute optionality?
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Comments

  • Mayflying
    05-14
    Mayflying
    Though i do agree with ur conclusion, nowadays there are so many AI companies with a negative profit or barely none, valued at hefty PE😱😱 at 1000 times
    • LanlanCCReplyMayflying: 
      兩種都認識人贏好多
    • MayflyingReplyLanlanCC: 
      I am a value investor, just wondering if momentum is much more pronounced in stock markets these days 🥹🥹
    • LanlanCC: 
      Its growth justified massive expansion, but it trades on proven explosive revenue. Apple trades at much more "normal" multiples — roughly 8–10x sales (P/S around 9–10x recently) and ~35x earnings. It's a mature cash-flow machine with huge scale and services growth.
    • LanlanCC: 
      Comparisons to Apple and Nvidia, highlights how stretched this is relative to big tech:Nvidia (AI boom leader) has seen peak forward multiples in the 30–50x+ sales range during hype phases, though current P/S is around 24–35x depending on exact TTM/forward figures.
    • LanlanCC: 
      I understand what u mean. Just to compare with the other top tier companies....
  • ZhongRenChun
    05-15
    ZhongRenChun
    what's the PE ratio? maybe good short.
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