SpaceX debuts on Nasdaq at $150 per share amid valuation skepticism from finance experts
By
Ashley Capoot, CJ Haddad, Samantha Subin, Lora Kolodny
26d ago· 11 min readenNews
Summary
SpaceX has made its Nasdaq debut at $150 per share after pricing at $135, giving the company a market value of approximately $1.8 trillion. However, NYU finance professor Aswath Damodaran (the 'Dean of Valuation') has expressed skepticism about this valuation, calling the addressable market a 'hallucination' and arguing that even the most optimistic scenarios struggle to justify such a high valuation. The article provides live updates on the SpaceX IPO, including price, ticker, broker access, and valuation analysis.
Source
bskySpaceX debuts on Nasdaq at $150 per share amid valuation skepticism from finance expertscnbc.comKey quotes
· 4 pulledSpaceX is an amazing company. It's an engineering marvel.
even if you build the biggest possible stories, getting to 1.8 trillion takes a lot of work.
This is not a small story. It's one of the biggest stories
Assigning a valuation of $1.3 trillion already takes the bull's case and carries it to its limits.
Follow SpaceX IPO live updates on price, ticker, broker access, valuation and what investors need to know before shares trade.
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