Business and economics is a surreal world where nothing makes sense.
Where a company that does nothing, never did anything, and never will, with employees hired to sit and pretend to be busy in an overpriced rented office, and everyone knows it and how illegal it all is to the point folks on news programs are talking about how insane it is, is worth more than Facebook (I think, it was one of the massive ones, maybe Google) since value is based on growth, not revenue, and they didn’t grow much that financial quarter compared to the valuation of the company which, I repeat, did nothing and never did anything and never would and EVERYONE knew it.
It was just a financial hot potato to buy and sell it before it got busted.