Is Tether really worth more than SpaceX?

Crytononame

Crytononame

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Tether is reportedly seeking financing through a private share placement. This move could push the company's valuation to $500 billion, surpassing that of SpaceX.

But can a company, known for issuing over $170 billion in stablecoins and having a history of deceiving investors, truly be worth more than an innovative firm that provided the world with satellite internet and transformed the space industry? What are your thoughts?
 
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Crytononame said:
Tether is reportedly seeking financing through a private share placement. This move could push the company's valuation to $500 billion, surpassing that of SpaceX.

But can a company, known for issuing over $170 billion in stablecoins and having a history of deceiving investors, truly be worth more than an innovative firm that provided the world with satellite internet and transformed the space industry? What are your thoughts?
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What value does it will provide in reality ? I fail it hard to digest high valuations of most of these companies these days.
 
learnandearnwithseo said:
What value does it will provide in reality ? I fail it hard to digest high valuations of most of these companies these days.
Click to expand...
Mastering space exploration—of Earth's satellites and nearby planets—is a super-goal. Achieving it will require new technologies and breathe progress into countless industries.

Tether, however, simply issues tokens and asks us to take their word that they are backed by something. That's zero progress
 
tethers insane $500B valuation is a wild bet on stablecoins mainstream permanence now
 
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