SpaceX IPO Is A $1.77 Trillion Bet On An Orbital Economy

Image for article SpaceX IPO Is A $1.77 Trillion Bet On An Orbital Economy
News Source : Forbes

News Summary

  • The SpaceX IPO could be a bet on a new economy in low Earth orbit.
  • SpaceX, valued at roughly $350 billion in 2024, will see its IPO valuation reach $1.77 trillion.
  • The company has pivoted from selling access to orbit to selling connectivity.
  • If Starship succeeds in reducing launch costs dramatically, the debate may shift from how to reach orbit to what humanity chooses to build there.
  • If Starlink represents the first phase of SpaceX’s evolution, Starship could unlock the second.
Most people assume the upcoming SpaceX initial public offering (IPO) of shares on the Nasdaq stock index where shares will sell for $135 each is a bet on rockets.

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