For those eager to bet their hard-earned savings on the next Wall Street money grab, um, I mean IPO. A few musings from our friends at ‘The Market Ear’: “Compared to previous go-publics, SpaceX’s valuation is nothing short of insane. Meta went public at 28 times sales with 88% revenue growth. Google went public at 10 times sales with 234% growth. Put another way, SpaceX is growing seven times slower while asking for a multiple ten times higher.” —The Market Ear So, prepare for the final countdown. The race for space is almost here! But just remember, space is a vacuum. And this vacuum might also suck up a lot of money chasing the narrative and not the actual facts around its “stratospheric valuation.” 🚀 Source: Prof-G