<div id="readability-page-1">Quick Read                               Rocket Lab (RKLB) trades at a 74x forward price-to-sales multiple on a $74.6B market cap and $679.6M in trailing annual revenue, driven by a record $2.2B backlog and selection for the Space Force’s Golden Dome contract. Tesla (TSLA) invested $2B in SpaceX equity and disclosed a chip fab partnership, trading ...</div>

TSLA

SPCX

<p>Chamath Palihapitiya presented a valuation case for SpaceX, arguing it could be worth $2 trillion based on a 20x sales multiple. He emphasized the potential of its terrestrial data center business, with Starlink and Starship as additional growth opportunities. Comparatively, Rocket Lab trades at a 74x forward price-to-sales multiple, making SpaceX's valuation appear defensible. Tesla's $2 billion investment in SpaceX further highlights its market significance.</p>

- Rocket Lab (RKLB) has a market capitalization of $74.6 billion, trading at a 74x forward price-to-sales multiple with $679.6 million in trailing annual revenue.  
- The company's growth is supported by a record $2.2 billion backlog and its selection for the Space Force's Golden Dome contract.  
- Additionally, Tesla (TSLA) invested $2 billion in SpaceX equity while revealing a partnership in chip fabrication.

Tesla

SpaceX

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Rocket Lab

The $2 trillion underwriting case: Inside Chamath’s blockbuster SpaceX math