SpaceX pays off its acquisition investment multiple times over, Chamath Palihapitiya notes

SpaceX pays off its acquisition investment multiple times over, Chamath Palihapitiya notes
SpaceX acquisition delivers large returns

Chamath Palihapitiya, founder and CEO at Social Capital, states that SpaceX has already paid for its recent acquisition multiple times over.

He suggests the acquisition has turned out to be a strong financial success for SpaceX.

Palihapitiya has previously raised doubts about growth metrics at other leading tech companies. In May, he questioned whether firms like Amazon are accurately reporting their true run-rate revenue after accounting for adjustments. His commentary comes as investors examine the integrity of reported earnings across the sector.

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