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InsideOutSanta
17 days ago
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Morningstar values SpaceX at $780B, half its IPO t...
The SpaceX IPO has a tiny 5% float and only a $75 billion raise target. There are enough morons in the world that they will compete to buy and push the valuation up. It's all a stupid financial trick to make Elon a paper trillionaire.
u1hcw9nx
16 days ago
[–]
They raise just enough money to pay back the loans that came with Twitter acquisition it still carries.
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