Is SpaceX Really Worth $1.75 Trillion -- or Is That Actually Too Low?
SpaceX is planning to begin trading publicly with a market cap of $1.75 trillion, a valuation that some investors question but others believe could be too low. The company's Starlink unit has over 10 million customers across 160 countries and has the potential to reach 30-50 million subscribers globally.
SpaceX plans to begin trading publicly with a market cap of $1.75 trillion. The company's valuation is largely based on its Starlink unit, which provides satellite-based internet services. Starlink has over 10 million customers across 160 countries and markets, and could realistically reach 30-50 million subscribers globally. With an average monthly rate of $100 and 50 million subscribers, Starlink could generate $60 billion in annual revenue. SpaceX's launch business and AI unit, xAI, also have significant growth opportunities. The company's potential is comparable to Amazon's expansion from an online bookseller to a dominant e-commerce and cloud services platform.
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