Bitcoin doesn't need to capture the full 10x or 100x improvement from a market cap standpoint to increase its value. If Bitcoin captured just a 2x improvement, the value would be $20 trillion and result in Bitcoin being worth about a million dollars.
The future of cryptocurrencies and fiat money is complicated. Bitcoin maximums argue that Bitcoin will go to infinity due to the limited 21 million supply, while fiat money could still move into cryptocurrencies through stable coins.
Market manipulation claims are causing concern for investors and may be delaying the approval of ETFs for Bitcoin due to insufficient volume to support the price. This is also raising questions about portfolio construction.
The tech industry has seen a trend of overvaluing private software companies that does not take into account the difficulty of building a company that generates over a billion dollars in revenue. This attitude is a result of formulaic term sheets and a failure to recognize the uniqueness of successful companies.
Although there are overlaps in the work of SpaceX and Tesla, they are ultimately separate entities with unique goals in engineering and design. It is difficult to determine the future success of SpaceX without the leadership of Elon Musk.
The traditional way of making money through advertising on TV is no longer enough. With social media and Amazon, it is necessary to tie in all elements of a product and keep pricing protected as knockoffs can be easily found online.