"SpaceX's upcoming IPO is expected to be the largest in history, with a projected valuation of $2 trillion, positioning it as the sixth-most-valuable U.S. company."
"Despite its impressive rocket launch business and profitable Starlink division, SpaceX reported annual revenue of less than $20 billion and losses nearing $5 billion."
"At a $2 trillion valuation, SpaceX would have a price-to-sales ratio of over 100, significantly higher than other trillion-dollar companies like Nvidia and Apple."
SpaceX is preparing for a historic IPO, potentially valuing the company at $2 trillion, making it the sixth-most-valuable U.S. company. Despite its significant role in commercial rocket launches and a profitable Starlink division, SpaceX reported less than $20 billion in annual revenue and nearly $5 billion in losses. This valuation would result in a price-to-sales ratio exceeding 100, far above other trillion-dollar companies. Musk's influence and dedicated investor base may drive this unprecedented valuation.
Read at The Atlantic
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