Apparently investors also separate money from money because tesla's valuation makes absolutely no sense from a money perspective either with a PE ratio of over 300.

What you're describing aren't investors, but gamblers benefiting from a rigged market.

There is no way to invest in SpaceX while separating morals from money. The only reason to invest in it is vibes - aka personal morals.

If you actually read their IPO documents, their assumed valuation is based on a comically large assumed customer market. In order to justify their IPO price, they assume that long term they will be getting about $30,000/year in revenue from 1 billion people. Take literally every person in the developed world. And then assume every single one of them is paying SpaceX $30k per year for some reason. That's literally, per SpaceX's own documents, what it would take to justify their IPO price. And the only way you're making a profit on that is if the price goes even higher.

In order to grow 400x, SpaceX would have a market cap of $800 trillion. Global GDP is only $130 trillion. The only way to think a SpaceX investment is a good idea is the greater fool theory.

Tesla wasn’t worth a trillion dollar though.

SpaceX at IPO is already one of the biggest companies around.

Sure it could become 400x but that would be far more likely if it was worth a few billion.