At $2T, you're no longer valuing launch economics, Starlink cash flow, or defense contracts.

You're pricing:

Mars colonization

Geopolitical dominance

AGI infrastructure (space-based data centers)

Global telecom replacement

National security dependence

Elon himself as a civilizational operating system allocating human capital

Of course if you want an inept self driving car or janky robotics, you have to invest in $TSLA separately.