(https://www.marketwatch.com/story/spacex-is-vastly-more-expensive-than-any-stock-in-the-s-p-500-fueled-by-fomo-mentality-eb61cd69?mod=mw_rss_topstories) because it's "cool," not because anyone can actually read a 10-Q and validate the valuation. This is exactly how late-cycle bubbles form — retail piles into a name with ZERO public accounting transparency while the headline narrative is all growth and moonshots.

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