Some investors question SpaceX's projected $1.77T valuation, citing its $4.3B loss on $4.7B in revenue in Q1, concerns over space data centers, and more (New York Times)

New York Times:
Some investors question SpaceX's projected $1.77T valuation, citing its $4.3B loss on $4.7B in revenue in Q1, concerns over space data centers, and more  —  Elon Musk's rocket company is spending big and losing money.  That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.

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