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SpaceX confidentially files to go public at $1.75tn, reports say
(www.theguardian.com)
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The market will make what the market will bear. If a whole bunch of SpaceX fanboys decide to buy at the valuation, then it will exist.
Same reason some doofuses thought that a bunch of bits tied to a bunch of other bits that were in the shape of a funky monkey was worth millions and now it’s worth thousands.
I still store my urine, convinced that it will someday be my retirement plan.
Relevant- around 5:45
https://youtu.be/PlUZv0BV7aw?si=N6Yjr1ToAKf1_7fB
Sadly, I'm no longer young, so I don't think my pee will work.