There's no room in the global economy to justify the kinds of numbers.

Like spacex isn't going to be the world's first 100 trillion dollar company because there isn't that much money. That's nearly as high as the global GDP.

Crazy growth rates are not possible.

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ahtihn a day ago | parent | next [-]

> Like spacex isn't going to be the world's first 100 trillion dollar company because there isn't that much money.

That doesn't really matter. As we saw with crypto valuations, market cap is just number of shares * last price.

If you have 1 trillion shares and one is traded for $100 you have a 100 trillion market cap.

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wyre a day ago | parent [-]

SPCX has 555 million shares, thats $180,000 for a share for this 100 trillion market cap. Don't be ridiculous.

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ahtihn a day ago | parent [-]

Completely irrelevant to my point.

The point was just this: you don't need $100 trillion to actually exist for that market cap to be possible.

	▲	wyre a day ago \| parent [-]
		Sure, your point is factual, but it is unrealistic, which does make your point irrelevant.

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LorenDB a day ago | parent | prev [-]

> there isn't that much money

It's almost as if SpaceX would have to use another planet's resources to generate money for that valuation. Oh wait...

	▲	dd8601fn a day ago \| parent [-]
		Oh, bull. The market is not pricing in a theoretical gdp of Mars in 2070. They’re thinking “Tesla stock trades at absurd P/E for no reason other than vibes… this one might, too!”