At the time Starlink was announced as was rocket reusability. Both were widely mocked and considered infeasible. Since then Starlink has succeeded, reusable ro

At the time Starlink was announced as was rocket reusability. Both were widely mocked and considered infeasible. Since then Starlink has succeeded, reusable rockets are a reality, ISS crewed spaceflight restored to US. I expect all that had an impact on the valuation. Personally I wouldn't invest in Elon because his stock is a wild ride but space x has achieved a lot.