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How the math works on a $1.75-trillion SpaceX valuation

Summary by The Globe & Mail
Lofty valuation prices in profitable Starlink satellite network, but also unproven ventures such as Starship, xAI and data-centre satellites

5 Articles

WALL STREET.— Elon Musk’s company is looking for a valuation of $1.75 billion in its next initial public offer (IPO). How disorbited is that number? According to traditional Wall Street metrics, the answer is: extremely high. SpaceX would immediately become the sixth most valuable trading company in the United States, surpassing giants like Meta Platforms and Berkshire Hathaway. Still, there is no sign that investors will hesitate to buy shares …

Elon Musk's planned Mega Exchange space company SpaceX will probably break several records. But is the projected stock market value of $1.75 trillion justifiable? An overview.

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Modern Diplomacy broke the news on Wednesday, April 8, 2026.
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