NBC News visualizes SpaceX valuation against Statue of Liberty
By
Nathan Yau
Summary
A brief commentary on NBC News' visualization comparing SpaceX's IPO valuation (represented as a pile of money blocks, each block = $1 million) to the Statue of Liberty. The author notes the valuation has since increased and expresses skepticism about the long-term sustainability of such high company valuations.
Source
FlowingDataNBC News visualizes SpaceX valuation against Statue of Libertyflowingdata.comKey quotes
· 3 pulledGoing with the old school pile o' money, NBC News illustrated the scale of the SpaceX IPO valuation against the Statue of Liberty, something that we know is quite large.
In the above, each block represents one million dollars, so a smaller denomination would make a bigger pile.
I'm no expert in company valuation, but this feels not ideal long-term.
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