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How the SpaceX IPO could rewrite space investing [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Video Transcript Speaker A SpaceX raising its its target IPO valuation to more than 2 trillion. That's with a T. So for context, that that would be worth, you know, more than meta, for example. Does that number make sense to you, Justice? Justice You know, the the company's been growing at an amazing clip. and so the company's been doubling year over year for the last handful of years. Um, I think the $2 trillion number, well, as rich as it sounds and it obviously turns a lot of heads, it's it's a really a super company. It's got several different businesses all combined into one. Uh, the crown jewel from the cash flow department is is a company called uh Starlink, which is in the SpaceX business. And so, um, there's a lot to kind of double click though. And so I I do think the the 1.75 trillion or even $2 trillion value, which is is, you know, it's an aggressive valuation. I think if you turn around in in three or five years, it's going to look to be a very cheap valuation.
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