The Newest Mega-Cap

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The top stocks page here on Slope has properly noted its newest entrant, SpaceX. This data is updated nightly, but the stock is moving so fast than it already has shot up several positions.

Yes, this company with a few billion in revenue and jaw-dropping billions in losses is now more valuable the freakin’ Amazon, a company which pretty much prints cash.

But the world has a massive boner for Elon and SpaceX right now (which will probably continue in a wobbly fashion until the magical date of August 11th), which last night tossed the stock price up to about $230, almost $100 above its Friday offering price.

Good for the boy, sure, and it’s fun to watch from the sidelines, but good Lord, people, this is truly la-la land, or maybe even Trololo land.