SpaceX: The Lockup Schedule And AI Losses Are Pushing Me To The Sidelines
landbysea/iStock Unreleased via Getty Images landbysea/iStock Unreleased via Getty Images Back in April, I ran a quick, back-of-the-envelope model toestimatethe valuation of the Space Exploration Technologies Corp.
My model estimated an FY25 P/E between 398x and 625x.
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