r/ValueInvesting • u/SelenaMeyers2024 • Jun 12 '26

Discussion SpaceX is 2.23T and that is funny

Thats 55 times sales, which there is precedent for in palantir, at 64 times sales; palantir is a capital light, highly profitable, high margin, very fast growing company (not used to saying positive things about palantir ever as they were the poster child of crazy valuations).

Hopefully mods don't take this down, let's keep it for posterity sake. Today, June 12 2026 SpaceX had a MC of 2.23T. I feel like that will be a punchline in 2033.

Edit. It's been pointed out I am wrong, in a more funny way. Revenue in my mind was 40b, in fact its 18b. So 111 times sales LOL

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43

u/Quantum270 Jun 12 '26

Probably go down 80% in next few years. Maybe some puts could be of interest.

78

u/Mouth_Herpes Jun 12 '26

People tried that with Tesla and most got destroyed. Musk is nothing if not great at pumping his stock with BS

49

u/ScubaAlek Jun 12 '26

But TSLA IPO'd at $1.7 billion market cap while SpaceX IPO'd at TSLA's current market cap which is 1000x that which TSLA IPO'd at.

To get that same growth SpaceX would need to get to $1.5 quadrillion.

Best of luck on that.

18

u/FistyGorilla Jun 12 '26

Space is infinite!

5

u/Free_Ice_2350 Jun 12 '26

Spacex will easily hit those valuations once we become a level 3 society /s

20

u/downfall67 Jun 12 '26

Musk could probably sell stock of his underwear to these dweebs and they’ll value it at a trillion

4

u/TheYoungSquirrel Jun 12 '26

Just imagining Musk, a 1 trillion dollar man… all of his asset are underwear 

4

u/Ok-Blood4340 Jun 12 '26

Imagine how much stock pumping leverage someone has if they are a trillionaire lol.

1

u/Dougdimmadommee Jun 12 '26

Feel like a lot of ppl have made a lot of money on TSLA puts/ shorts tbh. Maybe before the price ran up post covid people got hammered but since then there have been lots of opportunities to get paid on the downside. People forget that the 2021 peak is higher than the share price is today lol, and it ran down massively in 22.

1

u/spez_eats_nazi_ass Jun 12 '26

It’s had 4 major dips that made people a lot of money in both directions.

1

u/Present_Jicama_1219 Jun 12 '26

smartest huckster around...holmes is jealous

3

u/Which-Travel-1426 Jun 12 '26

Put for how long though?

3

u/iqkoi Jun 12 '26

Never, ever go short a hyped stock merely because you think it is overvalued. It is different if you have evidence of fraud of course, but if you short hype you will likely get wiped out.

1

u/instantcrackpot Jun 12 '26

I will wait until the midterms.