SpaceX plans a June 12 IPO at $135 per share, valuing the company at $1.77 trillion, or 95 times 2025 revenue of $18.7 billion. Morningstar valued SpaceX at $780 billion. Three cheaper alternatives include Planet Labs, which operates over 200 imaging satellites and reported $94.2 million in quarterly revenue, up 42% year over year.
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SpaceX targets $1.77 trillion valuation in June 12 IPO
Summary by ByteBrief