Investor rebuts SpaceX overvaluation claims, cites Grok Bot adoption
The author says smart friends are mocking SpaceX's valuation while he argues the market underestimates its compute leases and Grok Bot's fast enterprise adoption.
Guys. Listen up. I have very smart friends that are currently laughing about SpaceX valuations, arguing how it's overvalued and mostly a "hype stock" thanks to Elon Respectfully, these otherwise smart folks could not be any more wrong. This is precisely the situation we had with Tesla in the late twenty teens before they achieved profitability - a few of us following the company closely knew what was coming, the majority of people were clueless I think this situation is even more egregious with SpaceX because the average person knows nothing of space, nor of compute, nor of connectivity, nor of SI beyond the chat bots they occasionally use People are SEVERELY misunderstanding the story and the underlying technology and the resulting competitive moats SpaceX has established Save this post. Buying SpaceX at a $2T valuation will look like an ABSOLUTE ROBBERY by 2030 As I have been hammering all year, people still largely sleep on the compute lease agreements and the payback periods and continued demand, and now they are sleeping on the hyper-growth adoption rates SpaceX is seeing with Grok Bot as enterprise just gets started And Elon is DIALED IN. I mean, leather jacket Jensen vibes...the man is in his prime and laser focused. This company is on fire and really is at a serious inflection point. The next few years are going to fun $SPCX