EP 67: SPACEX METEOR

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EP 67: SPACEX METEOR

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Brightness isn’t destiny.

This episode exposes how SpaceX’s $1.7T valuation inflated the NASDAQ by nearly 10% despite contributing only 0.14% of its revenue base — and just 0.07% from Starlink. It reveals how forced‑buying from pension funds and index funds artificially sustains the illusion, why regulators allow it, and why this valuation is heading toward an inevitable, spectacular reality check. For deeper context, see market bubbles and valuation mania.

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