Should You Buy SpaceX Stock When It IPOs at a $2 Trillion Valuation? [Globe and Mail, The (Toronto, Canada)]
Broadcom Inc. (AVGO)
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Source: Globe and Mail, The
That price would value it at 75 times forward expected revenue, a level that would dwarf even Nvidia at its AI peak and make it by far the most expensively priced member of the trillion-dollar club. SpaceX just confidentially filed for what could be the largest initial public offering in history. The company is targeting a valuation of $2 trillion and plans to raise roughly $75 billion when it lists, potentially this summer. When that occurs, retail investors will for the first time have a chance to own a piece of Elon Musk's rocket and satellite empire Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Image source: Getty Images. SpaceX IPO: What we know so far There's a lot of excitement around this IPO -- and I get it. Apart from my undying love for rockets and all things space exploration, the company
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