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Duan Yongping comments on SpaceX: If it can earn 150 billion USD annually, a 3 trillion valuation is not unreasonable.
Actually, I very much agree with Duan Yongping's statement, don't take it out of context and think that 3 trillion is reliable!
Earning 150 billion annually is more realistic; currently, they are losing money, which is outrageous.
Although the U.S. stock market has buyback mechanisms, if they are not profitable, what buyback?
Could it be borrowing money to buy back shares?
Even if the seven giants have such bold moves, after all, interest rates are high now, they were low before.
$SPCX