SpaceX's $1.75 Trillion IPO Valuation Faces Implausible Financial Hurdles
By
Victor Tangermann
8h ago· 3 min readenInsight
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Summary
SpaceX is going public at a $1.75 trillion market cap, but Fortune analysis suggests this valuation is virtually impossible to justify. The company would need to achieve unprecedented growth and profitability — outperforming every venture in capitalist history — to support such a valuation. The article examines the financial math behind the IPO and why the numbers don't add up.
Key quotes
· 2 pulledElon Musk's SpaceX is slated to go public this week at a market cap of $1.75 trillion, which would make it one of the world's most valuable publicly traded companies in the world overnight.
But justifying that astronomical figure appears virtually impossible: in fact, as Fortune reports, it would require the company to grow and profit more spectacularly than any other venture in the history of capitalism.
Elon Musk’s SpaceX is going public later this week at a market cap of $1.75 trillion. To justify such a number could be virtually impossible.
