SpaceX reaches $2 trillion market capitalization amid high valuation controversy
SPCX Space Exploration Technologies Corp
$134.27 +8.62%
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- 1SpaceX recorded a market capitalization of $2 trillion.
- 2SpaceX achieved a net income of $4.4 billion in the third quarter.
- 3SpaceX recorded a transaction multiple of 61 times its previous revenue.
So what's the key point?
SpaceX's enterprise value has exceeded $2 trillion. Some suggest it is expensive because the stock price is 61 times higher than its revenue.
Source The Motley Fool +1 · View original ↗
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