Canadian entrepreneur and investor Kevin OLeary has defended SpaceXs massive valuation following the companys historic Nasdaq debut, arguing that investors are paying for its future potential rather than its current earnings. In a post shared on X, OLeary explained that SpaceXs premium valuation is largely driven by expectations surrounding the companys long-term growth. While he acknowledged that Starlink currently generates a significant portion of SpaceXs revenue and cash flow, he emphasized that investors are placing their confidence in Elon Musks proven ability to create and scale… Read more
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