Goldman Sachs’ verdict on SpaceX’s record-setting $1.8T IPO
Every record valuation is really a bet on a story that has not happened yet. The price tag is the easy part. A bank picks a number, prints it on a cover page, and the market decides whether the future behind it is worth believing. Most of the time, the story is boring. A software company grows 20% …
Every record valuation is really a bet on a story that has not happened yet. The price tag is the easy part. A bank picks a number, prints it on a cover page, and the market decides whether the future behind it is worth believing. Most of the time, the story is boring. A software…
Every record valuation is really a bet on a story that has not happened yet. The price tag is the easy part. A bank picks a number, prints it on a cover page, and the market decides whether the future behind it is worth believing. Most of the time, the story is boring. A software company grows 20% …
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