SpaceX IPO could be the largest in history at a $1.76 trillion valuation

President Trump did issue a mass blanket pardon to 1500+ people from Jan 6th (including even the actual rioters who were caught on camera"
That pales in comparison to the 3,000 people Biden pardoned in a single day -- the largest mass pardon in history. And all the Jan 6 rioters pardoned served their entire sentence first. None of the fhe far-Left rioters who stormed the US capital May 30-31, 2020 -- throwing rocks, broken bottles, Molotov cocktails, and bags filled with their own urine, feces, blood, and semen -- didn't serve a single day in prison. They put 50+ police officers in the hospital that weekend while trying to -- in their own words -- break into the White House and "kill Trump".


... and also pardoned criminals who may benefit him
Trump didn't pardon anyone who benefited him. That's in stark contrast to Joe Biden, who pardoned six of his own family members, even before they'd served a single day in prison or forced to pay back any of the tens of millions of bribes they accepted from foreign sources.

-pardoning the convicted money-launderer Chinese crypto billionaire Changpeng Zhao who ran Binance and helped create the technology behind and then prop up the Trump family's cryptocoin World Liberty
LOL, no one here is stupid enough to believe Changpeng Zhao had anything to do with "creating the technology" behind any cryptocoin. From where did you lift this absurd nonsense?

the pardon of Zhao is not to be confused with the other Chinese billionaire Justin Sun
Justin Sun wasn't pardoned by Trump. You're only embarrassing yourself with this tripe.

-pardoning Financier Paul Walczak who got pardoned within a week of his family hosted a $1 million per plate fundraiser at Mar-a-Lago for Trump.
You honestly just can't stop lying, can you? Walczak's family did not "host a fundraiser" for Trump. His mother did *attend* a Trump fundraiser of his once, though.

-pardoning his staff Michael Flynn even though the investigation continued during Trump's first term
The FBI agents themselves who investigated Flynn later admitted they knew he wasn't intentionally lying, and that the case against him was politically motivated.
 
The valuation of 1.75 trillion seems to be overvalued since that is over 100 times its P/E ratio. Its revenue is only 18 billion so it'll take 100 years to make back its value.
You understand finance even less than you do politics. P/E ratios are based on current profits, not future ones. SpaceX revenues have tripled in the last three years alone. At their current growth rate, their P/E ratio will hit the Wall Street average of 27 within the next four years, and be under 20 in six.

The "classic" guidelines is that companies with a 20 P/E ratio or less is a good buy.
Those who follow that "classic" guideline missed out on literally every single high-tech growth stock in existence.

Tesla makes great EVs, but are they really worth 1.6 trillion right now (which is basically more than what every other major car company is worth put together)?
Why not put your money where your mouth is and short them? I warn you though, everyone who's tried that in the last decade (including myself) has lost a tidy bundle.
 
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