SpaceX's Valuation Post-IPO: 3 Takes on the $2.5 Trillion Behemoth
Some analysts actually believe the company's current share price is justified.
SpaceX's Valuation Post-IPO: 3 Takes on the $2.5 Trillion Behemoth
Overview
When Space Exploration Technologies (NASDAQ: SPCX), more commonly known as SpaceX, set the price for its initial public offering (IPO) at $135 per share -- giving it an implied market capitalization of $1.75 trillion -- a lot of people had a lot of questions. And when the stock ended its first day of trading on Friday with a market value of over $2 trillion, people had even more questions.
Then on Monday, after taking the weekend to stop and think, the market apparently decided even that wasn't enough, bidding SpaceX shares up even further. Elon Musk's newly public company is now valued at nearly $2.5 trillion. Is this a bubble that's about to pop? Or is it a sign of lasting market dominance?
Details
Here are three takes on the valuation of SpaceX's stock.
Source
Originally published at www.fool.com.



