SpaceX again popped another +20% several hours before markets open. Now worth more than Amazon or Microsoft.
Probably going to be worth more than Google or Apple by mid week and Nvidia by the end of the week.
Claiming the most valuable company in the world status on $18 billion revenue.
And don't forget SpaceX posted a staggering net loss of $4.3 billion in the first quarter of the year, following a net loss of $4.94 billion in the previous fiscal year.
What a pin up stock.
Goldman came out and said it revenue would increase 100x by 2030, Musk then came out and said 300x.
All on the back of massive xAI Integration: SpaceX absorbed xAI (which manages the Grok language models, X, and image generators). Goldman views this unit as having a massive "Total Addressable Market" (TAM), which SpaceX claims is upwards of $26.5 trillion.
Nothing about cars and nothing about rockets.
Be interesting to see what happens when the staff lock up period is over.
I just wish the US economy would just collapse soon, get it all over and done with for how many times since the 1900's and drag the rest of us with them.
Just hope we all learn something finally and disconnect from the US.
All smoke and mirrors
Regards,
