Steve Rattner @steverattner.bsky.social · 12/06/2026SpaceX's valuation has risen ~150x since 2015 — from ~$12B to $1.77T at today's IPO. Increases that steep are rare. This one outruns the fundamentals: ~90–105x revenue on ~$19B of sales, and still lossmaking (–$2.6B operating last year). 87421 74
