6 ms·
Let's grab some popcorn. - Price/Sales about 128x (NVIDIA had a peak of a 40x at its peak) - Bought Twitter per 44 billions. Inflated its valuation to $250 bi
by lucamark 3mo ago
Let's grab some popcorn.
- Price/Sales about 128x (NVIDIA had a peak of a 40x at its peak)
- Bought Twitter per 44 billions. Inflated its valuation to $250 billion just by integrating it into X.AI
- EnterpriseValue/EBITDA about 219x (30x for scaleup business) and negative Price-to-Earnings
- Low free-float trick (minimal public shares available)
Even the market efficiency hypothesis struggles to justify it
- tcp_handshaker 3mo agoSpare a thought for the investors who bought SPCX at $218 on the 16 June at 10:00AM...They REALLY needed that stock....
- lucamark 3mo agoThat's bad for ETF owners too. Funds will be legally forced to buy a tightly restricted supply that will pump the price even more
- redox99 3mo agoIf the Anthropic, Google, and Reflection AI deals stay afloat, the numbers are much better.