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Open original source ↗This isn’t even remotely true. $AMZN went public in 1997 at a $450M valuation, or 3x revenues. $GOOGL went public in 2004 at a $23B valuation and at 7x revenues. $META had a $104B valuation in 2012 at 20x revenues(and immediately sold off almost 50%). SpaceX dwarfs these numbers.
Quoted context
These are the quoted author’s words.
"BUYING SPACEX, OPENAI AND ANTHROPIC AT IPO WILL BE LIKE BUYING $AMZN, $GOOG OR $META IN THE EARLY DAYS." https://t.co/UutI32TwPn
The_Real_Fly ↗