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Technology@lemmy.worldEnglish · 2 months ago

SpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortune

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SpaceX has to grow 60x in a decade to justify a $1.75 trillion valuation. It's an impossible bar | Fortune

sanitation@lemmy.today to

Technology@lemmy.worldEnglish · 2 months ago

SpaceX needs to grow at a rate no company has ever achieved to justify a $1.75 trillion valuation | Fortune

SpaceX's valuation will set the bar for what the must achieve going forward to reward investors.

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1 month ago
Also, NASDAQ will be changing its rules to list SpaceX as soon as 15 days after IPO.

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