Gary Black questioned SPCX as an investment, arguing its $1.8 trillion market cap leaves limited upside. He noted SPCX is not expected to be profitable until 20

BWB News TV • 2026-07-15 06:31 UTC • By Billy Odell Tucker-Robinson

Gary Black questioned SPCX as an investment, arguing its $1.8 trillion market cap leaves limited upside. He noted SPCX is not expected to be profitable until 2027 and trades at 47x 2026 EV/revenue and 110x EV/EBITDA, well above TSLA.

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