'SpaceX Is the New Neocloud' — So Why Pay $63 for Every $1 of Sales?
SpaceX's AI revenue surged 830%, but its 63-times-sales valuation raises questions about customer concentration and returns on AI spending.
SpaceX's AI business is growing very fast, which is exciting. But the stock price is very high compared to its actual sales, so investors should watch whether the company can keep growing and make real profits.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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