SpaceX targets $1.75 trillion valuation in potential record-breaking IPO
By
Kali Hays
Summary
SpaceX is targeting a valuation of $1.75 trillion as it prepares for what could be the largest stock market debut in history. However, analysis from Dealogic shows that nearly half of companies that went public in the last 30 years have seen their value decline post-listing. Mergermarket's Samuel Kerr notes the valuation is "incredibly rich," with SpaceX's price-to-sales ratio exceeding that of any major "Magnificent 7" company including Alphabet, Amazon, Apple, Meta, Nvidia, Microsoft, and Tesla.
Source
bskySpaceX targets $1.75 trillion valuation in potential record-breaking IPObbc.co.ukKey quotes
· 2 pulledThere is no doubt the valuation is incredibly rich.
He noted that SpaceX was pricing itself compared to its sales at a ratio that is higher than any other major company included in what investors refer to as the 'Mag 7' - Alphabet, Amazon, Apple, Meta, Nvidia, Microsoft and Tesla, another of Musk's companies.
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