SpaceX's blockbuster public debut has sparked a familiar debate on Wall Street: Is the valuation already too high?
Joe Lonsdale, co-founder of Palantir Technologies Inc.
(NASDAQ:PLTR) and managing partner at venture firm 8VC, thinks investors may be asking the wrong question.
Appearing on CNBC's Squawk Box ahead of the company's Nasdaq debut, Lonsdale argued that concerns about SpaceX's valuation overlook the scale of the opportunity he sees ahead.
"I still think we're very early in what this company is going to be worth," Lonsdale said.
