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.