nickname223
06-19

The Space X valuation is ludicrous.  

If you use sum of the parts 

The launch business is worth 150 to 200 billion with a 7 - 12 x revenue multiple.  

The Starlink business is worth 400 to 500 billion with a15 to 20x revenue multiple - this is the actual crown Jewel.

I would assign 0 valuation or even a negative  valuation to the AI business currently.. loosing money hand over Fist.. 

To me overall valuation equates to about 500 to 600 billion. Which are already a very optimistic numbers.. 

Which will translate to maybe 40 to 50$ per share.. 

Spacex has a long way down to go to reach the true valuation. Hoe Nasdaq allowed it to be listed and how all the funds have to buy it is a crime. 

Kudos to S&P on standing their ground and not adding it to their index. 

SpaceX Surges 6.1% Through $116B Lockup Expiry — Is the Overhang Truly Gone?
SpaceX +6.14% Thursday, straight through the largest lockup expiry on record — 911.5 million insider shares, roughly $116 billion, turning sellable. It dipped at the open, then reversed. Attention swung back to the first earnings report: core profit beat, segment losses narrowed sharply, only AI capex ran slightly hot. Cathie Wood bought the dip, JPMorgan revised its target, Musk called Starlink undervalued. Peer SSPC still fell 12.16%. Biggest overhang cleared, sector not following — inflection, or just the end of the selling?
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Comments

  • X.T
    06-19
    X.T
    人间清醒,现在的价格都是10年后的价格了 😂
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