Space x lost over 600 Billion within two weeks of going public

Originally Posted By notbadnotbrad⏩

Too much subjectivity in determining the fair value of non tangible net identifiable assets (patents, brand, customer relationships etc.)

I’m probably speaking out of my ass tho tbh. What do you think about goodwill and specifically trying to estimate fair values of non tangible assets?

Goodwill is booked when you acquire a business for more that the value of it's assets, ie you are buying a stream of income, not the hard assets of the business. The excess value of the purchase price over the tangible assets yeilds goodwill. I don't really give a fuck what the valuation consultants call it, Intangible value of customer lists, tradenames or goodwill. It's real and they are all amortized over 15 years for tax purposes and shield your income from taxation.

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Thread: Space x lost over 600 Billion within two weeks of going public