The rocket maker's first days on the market have turned valuation into performance art. Each new high reads less like business news and more like a live readout of how far confidence can stretch before it snaps.
Next level sees the company treated as automatically superior to established giants simply because its share price moved fast. The logic holds that rapid trading gains equal permanent dominance, ignoring everything those other companies actually built and still run daily.
By the third escalation the delusion graduates to cosmic scale. Being valuable somehow proves the outfit has already solved problems the rest of the industry still considers difficult, turning a stock chart into evidence of destiny.
Final reading registers pure detachment: any comparison to Amazon now registers as an insult rather than a benchmark, because the ego meter only climbs in one direction.
