Does the narrative around SpaceX give off a mysterious and impressive vibe?


According to my understanding, humanity will inevitably undertake more extensive space exploration in the future, and SpaceX is not only providing related technological support but also becoming the most core promoter and participant.
Looking at it this way, a valuation of around 2 trillion USD doesn't seem high; if you disagree, let's do a simple, straightforward comparison—Tesla's market value is already 1.59 trillion.
As the foundation of Musk's entire industry chain, SpaceX's valuation is only slightly higher than Tesla's, or rather, quite conservative.
Setting aside the close relationship between the two, although Tesla outperforms SpaceX in revenue and profit performance, the latter is in an almost monopolistic position in related fields.
And the monopoly advantage will continue to translate into subsequent industry pricing power, plus there is a clear gap in the upper limits of each narrative, so in terms of growth potential, SpaceX is more prominent.
In my opinion, it would be more reasonable for SpaceX's actual market value to far exceed Tesla's. $SPCX
SPCX5.37%
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