Things change once you have revenue, rapid growth of that revenue, and a better focus on what is happing in the Total Addressable Market (TAM). Once these products work and start rapidly getting adopted, the TAM that is already predicted to be a fast growth sector, will accelerate.
The linkage to today's valuation, which is based on some future income, will be broken, and replaced by the frothy predictions that come with a highly profitable, fast growing, highly profitable revenue stream.
The P/E ratios go insane as growth is factored in, and irrationality enters the picture. It could get pretty crazy. The predictions in the last few posts are all rational; that is not how it will go.