SpaceX's IPO debuted with a $1.8 trillion valuation and is now approaching $2 trillion, fueled by strong investor demand and speculative enthusiasm. However, its projected 2025 revenue of $18.7 billion and adjusted EBITDA of $15 billion do not justify such a high market capitalization. The investment appeal relies heavily on uncertain future opportunities like the lunar economy and orbital AI computing. The analyst remains cautious, citing no margin of safety and extreme expectations, but notes short-term trading potential due to IPO dynamics and market excitement.
SpaceX began trading on the stock market at $150 per share, above its IPO price of $135, marking the largest public offering in history and valuing the company at about $1.96 trillion. The shares quickly rose to $165, reflecting strong demand that ex...
SpaceX is launching its IPO at $135 per share, valuing the company at about $1.75 trillion. Demand reportedly exceeds supply, leading 87% of Benzinga viewers to predict the stock will open above the IPO price. Investors are cautious about buying abov...
SpaceX completed its $75 billion IPO on June 12, revealing it holds 18,712 Bitcoin worth about $1.19 billion. The company acquired these Bitcoins in early 2021 when prices were below $40,000 and has since trimmed its holdings. SpaceX ranks 8th among ...
SpaceX's COO Gwynne Shotwell suggested a potential future merger with Tesla, Elon Musk's other major company, could simplify Musk's responsibilities. This comes as SpaceX prepares to debut on Nasdaq following the largest IPO ever, valuing the company...
Investors are optimistic about SpaceX's IPO, focusing on Elon Musk's proven ability to turn ambitious visions into reality rather than short-term earnings. Nancy Tengler highlights Musk's history of overcoming near-disasters with Tesla and SpaceX, an...
