nickname223
06-19 11:29

The Space X valuation is ludicrous.  

If you use sum of the parts 

The launch business is worth 150 to 200 billion with a 7 - 12 x revenue multiple.  

The Starlink business is worth 400 to 500 billion with a15 to 20x revenue multiple - this is the actual crown Jewel.

I would assign 0 valuation or even a negative  valuation to the AI business currently.. loosing money hand over Fist.. 

To me overall valuation equates to about 500 to 600 billion. Which are already a very optimistic numbers.. 

Which will translate to maybe 40 to 50$ per share.. 

Spacex has a long way down to go to reach the true valuation. Hoe Nasdaq allowed it to be listed and how all the funds have to buy it is a crime. 

Kudos to S&P on standing their ground and not adding it to their index. 

SpaceX Slides for Third Day to $185 — Time to Exit?
SpaceX (SPCX) fell another 3.56% today, retreating to $185 as IPO euphoria rapidly fades. Analyst sentiment has shifted cautious, with calls to 'sell based on historical IPO patterns' and advice for long-term holders to 'take profits into strength.' The first sell rating has emboldened bears, while questions over AI disrupting its core business add pressure. From a post-IPO surge to three straight losses — do you sell the next bounce, or wait for a deeper pullback to buy in?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • X.T
    06-19 19:50
    X.T
    人间清醒,现在的价格都是10年后的价格了 😂
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