SpaceX aiming for record valuation with IPO

[Hanno Labuschagne]

SpaceX aiming for record valuation with IPO

SpaceX boosted its target initial public offering (IPO) valuation above $2 trillion (R33.89 trillion), according to people familiar with the matter.

The world’s most valuable startup is gearing up to pitch potentially the biggest-ever market debut.

[Bloomberg]

 

[RaptorSA]

 

[Happy Days]

The beginning of the end for Musk? At least the top spot?

Eh? Leon owns the bulk of SpaceX. This listing will push much closer (if not over) trillionaire status.

 

[Johnatan56]

So its financials are $15-16bn in revenue, the profit number is misleading as before EBITDA so can basically ignore, but even if valid, that's valuation at 120 years of revenue, 240 years of profit, and they've kind of already reached a large portion of their profitable market with competitors also coming onto the scene in the next few years.

Valuation in the $100-200bn range (10-20 years of profits used to be considered stable pricing before speculation took over market), sure, would say overpriced, but can argue hype. Trillions, no way, that's wild speculation and probably people trying to support Musk / Trump.

So we'll see $1tn probs and will see who holds the bag at the end.

It's also been interesting to see that most of the top company valuations are due to share buyback, the top 10 companies are buying them back at 5:1 compared to external buying stock (responsible for 33% of buybacks, 13% of dividends for 2025).

 

[Earthtree]

Who is Leon?
The listing could also backfire, probably would (for investors).

Schuster

 

[Sapphiron]

So its financials are $15-16bn in revenue, the profit number is misleading as before EBITDA so can basically ignore, but even if valid, that's valuation at 120 years of revenue, 240 years of profit, and they've kind of already reached a large portion of their profitable market with competitors also coming onto the scene in the next few years.

Valuation in the $100-200bn range (10-20 years of profits used to be considered stable pricing before speculation took over market), sure, would say overpriced, but can argue hype. Trillions, no way, that's wild speculation and probably people trying to support Musk / Trump.

So we'll see $1tn probs and will see who holds the bag at the end.

It's also been interesting to see that most of the top company valuations are due to share buyback, the top 10 companies are buying them back at 5:1 compared to external buying stock (responsible for 33% of buybacks, 13% of dividends for 2025).

Not to mention that a company like this is 3 consecutive failed launches away from bankruptcy due to rockets being grounded. Massive risk.