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>> SpaceX is a rocket company, a complex financial instrument, a meme, a monument to a broken financial system. It is the seven-headed Hydra at the end of finance, the teleological endpoint of money. It is a myth kept alive by blind faith, devotion, and even aggression, which makes it dangerous whether you believe in it or not.

Sure sure. The part where Musk revolutionized rocket travel is obviously a no big deal.

Everyone could do that, even a journalist. Right?

The valuation is the potential based on what SpaceX could do as the 1st mover in space tech.

Obviously the journo knows that, but hey, gotta write articles like this to pay the student debt...