Maybe I'm missing something but how does a company that recently made a $42B net loss get *checks notes* a $2T valuation?! That's not saying anything about the fact that 25% of its revenue came from o...
2T is stupid no doubt
if you look at the Revenue and Operating Loss section their revenue has grown from basically 0 (how do you have negative revenue wtf?!) to 4.6B -- put an integer on that but whatever is, its good - just say100x
while their operating loss has only grown about 2.5x
the 34B non-cash charge which makes up most of the 42B loss was a book entry on the cost of options issued , its not actual cash out the door
based on these numbers if you trust them (lol) a good bet if you're into that kinda thing
if you look at the Revenue and Operating Loss section their revenue has grown from basically 0 (how do you have negative revenue wtf?!) to 4.6B -- put an integer on that but whatever is, its good - just say100x
while their operating loss has only grown about 2.5x
the 34B non-cash charge which makes up most of the 42B loss was a book entry on the cost of options issued , its not actual cash out the door
based on these numbers if you trust them (lol) a good bet if you're into that kinda thing