How Much Is SpaceX Really Worth? (Hint: It's Probably a Lot Less Than You Think!)
Is SpaceX even worth half of what Elon Musk says it is?
Overview
SpaceX just announced the pricing of its initial public offering (IPO) shares at $135, and there's a lot of investor excitement building ahead of the stock's Nasdaq debut on June 12.
But that price means the company and its CEO, Elon Musk, are valuing SpaceX at a whopping $1.75 trillion. Isn't that a bit overoptimistic? What is SpaceX actually worth as a company, anyway?
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Originally published at www.fool.com.
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