The unconventional logic behind SpaceX’s $1.75 trillion price tag
Wall Street is reaching for some unusual yardsticks to price Elon Musk’s SpaceX. At least one of SpaceX’s large institutional investors is privately benchmarking the rocket and satellite company not against aerospace rivals like Boeing or telecom giants like AT&T, but against market darling Palantir Technologies and AI infrastructure plays like GE Vernova and Vertiv – in a bid to justify a $1.75 trillion valuation ahead of what could be the largest IPO in history.
