Talga Valuation., page-20

Many reasons. The US investors seem to be prepared to tolerate more risk and wait for returns. Look at the valuation of Square relative to its P&L.

The US has silicon valley who are much more aggressive and often throw money at even stupid models, look at the history of WeWork.

The US markets are the largest and most liquid in the world. Last time I checked they had about 8trn in retail assets.

Retail investors seem to be much more sophisticated and sometimes just mad. See the reddit tribe.

Finally its track record. Arrival from the UK, listed there, Spotify, Vigin Galatic. PLL is moving to the US, NOU is moving to the US.

Nio from China listed ADR in the US, Xpeng, etc

SPAC , SPAC, SPAC!!

Add to that stimulus cheques for everyone in the US.

Just some thoughts