SpaceX IPO valuation reflects unsustainable growth expectations
The podcast hosts presented a bear case on SpaceX post-IPO, arguing that its sky-high valuation multiples leave a negative expected return even under optimistic growth assumptions.
Keep reading this one
You've read the thesis and who argued it. A free account opens the argument, what validates it, the risks the show raised, and the moment in the episode where it was said — 3 ideas in full a day, no card.