The Exonomics of SpaceX

The share price of SpaceX is some USD $164 per share, and if you multiply that price by the total number of shares in the company you get a market capitalisation of USD $2.163 trillion. The current estimate of the world's population is 8.264 billion people, so the share price of SpaceX is currently at a phenomenal USD $261 per head. Is this a rational valuation of SpaceX? Or do we have a classic…