SpaceX IPO Targets 1.77 Trillion Dollar Valuation
Elon Musk's rocket company is seeking a record valuation that would make it the seventh largest public firm in the United States. While some investors cite Musk's track record as a reason to buy, analysts warn that the high price multiple and unproven AI technology pose significant risks.
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SpaceX is targeting a $1.77 trillion valuation in a record-setting IPO in the United States this week. The valuation would make it the seventh-largest publicly traded entity in the country. Investors are weighing whether Elon Musk's track record justifies a price tag 94.53 times its 2025 sales.
