Featured · Robotics & Defense
SpaceX's $731 billion bull case is a Sequoia shareholder's model, and it now prices a Tesla merger
The most-quoted SpaceX revenue ramp comes from a Sequoia partner whose firm holds a large position in the stock. The checkable number, SpaceX's own guidance, is a fraction of it, and the share price it moves feeds Tesla's merger ratio.
· 4 min read
