SpaceX IPO at 100x revenue multiple - $1.75-2 trillion. How is the Maths working?
So... I've been reading up on the latest SpaceX valuation buzz, and numbers like $1.75 trillion are actually being thrown around??? It feels like the market is completely split right now. Are we pricing in solid, recurring revenue from Starlink, or are we just buying into the sheer scale of Elon Musk's imagination? Honestly, pricing a space company like a massive tech mega-cap is wild. What's the general consensus here... is this a realistic trajectory or just a massive speculative bubble? Would love to hear your thoughts!
https://www.reuters.com/commentary/breakingviews/spacexs-175-trln-hope-rests-musk-imagination-2026-04-21/
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