Wall Street analysts suggest SpaceX's valuation could reach $2 trillion, driven primarily by Starlink's growth ahead of a potential IPO. The company recorded a 33% revenue increase over the past year, bringing its current valuation to $1.77 trillion with secondary market shares hitting $160. Additionally, a recent launch failure by competitor Blue Origin has highlighted the widening competitive gap favoring SpaceX.
SpaceX reported a 33% surge in annual revenue, yet its massive $1.77 trillion valuation triggers debate over its high price-to-sales multiple.
Read the full storySpaceX secondary market shares hit $160 as investors bet on its widening lead following technical setbacks at rival Blue Origin.
Wall Street analysts suggest Starlink's revenue potential justifies a $2 trillion valuation for SpaceX ahead of a potential IPO.