Why SpaceX 2040 Revenue FCST $4.3T in highly unlikely
Summary
The piece analyzes SpaceX's proposed 2040 revenue forecast and a $1.77 trillion IPO valuation, arguing the math may be sensational and not robust. It compares SpaceX's growth rate to other big tech and warns that size becomes a drag on velocity; the piece frames the forecast as a market narrative rather than a factual forecast. It also discusses the mechanics of IPO liquidity, insider lockups, and potential market impact.