SpaceX now trades at a trailing 12-month price-to-sales ratio of 110 times, surpassing Palantir's 63 times. The S&P 500 ratio is 3.5 times, and Nvidia's is 20 times. SpaceX closed its first trading day at $160.95 per share, giving it a $2.1 trillion market cap.
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Summary by ByteBrief
SpaceX IPO Hits $2.1 Trillion Market Cap