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October 19, 2025
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Valuation
Top Public Companies Worth Billions With No Revenue
Daniel Levi
October 16, 2025
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Table of Contents
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Top Public Companies Worth Billions That Aren’t Profitable
The Data Behind the Zero Dollar Club
Sector Breakdown
EV & Battery
Aerospace & Defense
Nuclear & Energy
Quantum & AI
Metals & Mining
Why Investors Still Buy In
The Risk Factor
The Zero Dollar Club (as of October 2025)
The Speculation Shift
What Founders Can Learn
Closing Thought
→
Index
