NVIDIA CorporationNVDA
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Artificial Intelligence
NVIDIA CorporationSpace Economy
NVIDIA CorporationInvestor Gary Black of The Future Fund LLC argued that investors are overpaying for SpaceX shares following its blockbuster IPO earlier this month, which saw the stock surge past $200 per share. Black said investors should not be paying 150 times 2026 EV/EBITDA for a business expected to show long-term revenue growth of 35 to 40 percent per year, and compared it to NVIDIA, which trades at 19 times calendar year 2026 EV/EBITDA with expected long-term revenue growth of 10 to 15 percent annually. Economist Mohamed El-Erian noted that investors who bought at the IPO were up 23 percent while those who bought at the high were down almost 25 percent, as $400 billion was wiped from SpaceX's valuation. Economist Peter Schiff added that Elon Musk had lost roughly $150 billion on paper, equivalent to Warren Buffett's net worth, though Musk remains the world's only trillionaire.
NVIDIA Corporation