Great company does not always mean great price. I am waiting for valuation to cool further before jumping in, even though I remain positive about the long-term outlook
SpaceX's First Post-IPO Earnings: Can It Anchor Its Valuation?
SpaceX delivers its first quarterly results since its IPO after market close Tuesday, having also joined the Nasdaq 100 and drawn direct comparisons to the 'Magnificent 7.' Bernstein has outlined four key valuation drivers, with Starlink revenue mix and launch cadence topping the list. Yet the stock still trades largely on narrative, and reports that the IPO generated roughly $100 million for Wall Street raise the question: with no earnings history to benchmark, what multiple should the market apply?
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