14 June 2026

First Trillionaire Got There With N/A P/E

Tesla's P/E is 371, more than 10X normal P/E, on profits of $477 million. (For instance, Nvidia's price to earnings ratio is 31.) SpaceX? It doesn't have earnings, posting a massive quarterly net loss of $4.3 billion for Q1 2026.

Combined, the most recent profits of Tesla and SpaceX are negative. Meaning, our world's first trillionaire's two most valuable companies combined have a P/E ratio of ... N/A.

Musk a trillionaire makes as much sense as Trump a president. Maybe that is inevitable in a world in which people get more exposure to memes than reality.

No comments:

Post a Comment