How the math works on a $1.75 trillion SpaceX valuation

  • SpaceX would be sixth-largest US-listed firm at IPO valuation

  • Starlink underpins majority of SpaceX's revenue

  • Debate centers on which publicly traded firms are truly comparable, if any

April 8 (Reuters) - Elon Musk’s SpaceX is seeking a $1.75 trillion valuation in its forthcoming initial public offering. How far into the stratosphere is that?

Going by common Wall Street metrics, the answer is, way out there. SpaceX would immediately become the sixth most-valuable publicly listed U.S. firm, worth more ​than the likes of Meta Platforms (META.O), opens new tab, which has been publicly listed for more than a decade, and Berkshire Hathaway (BRKa.N), opens new tab, a company older than SpaceX founder Elon Musk…Read Full Article

Ken Anderson