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SpaceX Stock at $10? A Reality Check on Valuation
markets3 hours ago

SpaceX Stock at $10? A Reality Check on Valuation

Great Speculations argues SpaceX (SPCX) could be dramatically mispriced by its IPO optimism: even a hypothetical $10–$20 share price would imply a $130–$260 billion valuation, while SpaceX reportedly burns about $15 billion annually on roughly $20 billion in revenue. The business remains highly capital-intensive (rockets, satellites, data centers) with unclear profitability timelines, so the IPO price of around $135 leaves little margin for error. Investors should price in significant execution risk and not assume software-like growth guarantees for this aerospace/space infrastructure company.

via Forbes|
#investing#ipo#markets
SpaceX IPO Looms, Testing Markets as Futures Hold Steady
business2 days ago

SpaceX IPO Looms, Testing Markets as Futures Hold Steady

Markets rallied on Thursday with the S&P 500 up about 1.75%, Nasdaq +2.54%, and Dow +1.86%, and futures were little changed ahead of SpaceX’s historic IPO on Friday. SpaceX plans to price at $135 per share and sell 555.6 million shares for roughly $75 billion, valuing the company at about $1.77 trillion and potentially making it the largest IPO in U.S. history; investors warn the massive supply could weigh on near‑term momentum and trigger a tech-rotation. Traders also await June’s Michigan sentiment reading and monitor post‑hours moves in Adobe, RH, and Lennar.

via CNBC|
#business#market-volatility#spacex-ipo
SpaceX braces for historic public debut, aiming for trillionaire-era bets
business2 days ago

SpaceX braces for historic public debut, aiming for trillionaire-era bets

SpaceX priced about 555 million shares at $135 each, valuing the company at roughly $1.8 trillion and raising about $75 billion in the largest IPO on record, with a potential to exceed $86 billion if the greenshoe is exercised. It will trade as SPCX on Nasdaq, positioning SpaceX as a leading public-market tech/AI giant and potentially making Elon Musk the first trillionaire, as investors weigh the company’s rapid growth against its ongoing losses ($18.7B revenue in 2025 with a $4.9B net loss) and ambitious, speculative plans like space-based data centers and Mars missions. Activists also protested the concentration of Musk’s wealth and power surrounding the IPO.

via Yahoo Finance|
#business#ipo#musk
SpaceX IPO Draws Frenzied Demand Ahead of Pricing
business5 days ago

SpaceX IPO Draws Frenzied Demand Ahead of Pricing

SpaceX's long-awaited IPO is reportedly oversubscribed, with banks closing orders after the NY close as demand swells for a potentially record-setting debut. The offering stacks 555.6 million shares at $135 each, aiming to raise about $75 billion and valuing the company around $1.8 trillion — possibly the largest IPO ever. Pricing is expected June 11 with trading slated to begin June 12 on Nasdaq under SPCX, and retail investors could receive up to 30% of the deal. SpaceX has also highlighted AI-related revenue through Google’s Gemini cloud deal (about $920 million per month through 2029) plus a prior pact with Anthropic.

via Yahoo Finance|
#business#ipo#nasdaq