
SpaceX's stock reaches $160.95 on first day, valuing the company at $2.1 trillion. The stock trades at 94 times trailing sales after 2025 revenue of $18.67 billion and $4.94 billion net loss. Investors debate growth potential from Starlink, launch services, and Mars missions.
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Summary by ByteBrief
SpaceX Pulls Back From $2 Trillion Debut