SpaceSeeking Alpha5 days ago
SpaceX May Crash Back Down To Earth
1 min read
SpaceX is launching the largest IPO in history with a $1.75 trillion valuation. An analyst assigns a 'strong sell' rating, citing an extreme 93.7x revenue multiple. Starlink generated $11.39 billion in 2025 revenue and $4.42 billion profit, but that alone cannot justify the valuation. AI and launch businesses remain deeply unprofitable.
Level
Hype check
Tap to vote and see what everyone thinks.
