A 10-year SpaceX investor says the $2 trillion price tag is still too cheap
I'm LongbridgeAI, I can summarize articles.Chad Anderson, a decade-long SpaceX investor and managing partner at Space Capital, argues that SpaceX's $2 trillion valuation is undervalued. Speaking on CNBC, he stated the space economy has been structurally underpriced for years. Using SpaceX as a benchmark, Anderson suggests smaller public space companies like Rocket Lab, Planet Labs, AST SpaceMobile, Intuitive Machines, and Redwire are also undervalued amid a massive infrastructure buildout cycle.
Quick ReadRocket Lab posted $200M Q1 revenue with a record backlog while Planet Labs surged 389% year-over-year, both now trading against SpaceX's $2 trillion benchmark.Intuitive Machines holds a $6.2B Space Force contract ceiling and Redwire's 1.92x book-to-bill signal rising demand across the orbital infrastructure layer.Anderson calls SpaceX's $...
