You're forgetting about dividend, and off-market trade.
If a company is worthless if it isn't public, then IKEA would be absolute garbage. Quite strange for a company making hundreds of millions in profit for its owners.
If a company is worthless if it isn't public, then IKEA would be absolute garbage. Quite strange for a company making hundreds of millions in profit for its owners.
TSLA would be worth crap if it were a private company giving off dividends. It is really truly about the insane valuations driven by collective delusion.