When Valuations Go Off-Planet
45:41–46:52 · 72s
Benjamin cites Ritter’s data linking higher price-to-sales IPOs to worse three-year outcomes and notes SpaceX’s implied 100x+ sales multiple versus the S&P 500’s ~3x.
45:41–46:52 · 72s
Benjamin cites Ritter’s data linking higher price-to-sales IPOs to worse three-year outcomes and notes SpaceX’s implied 100x+ sales multiple versus the S&P 500’s ~3x.
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