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SpaceX Valuation Debate: High Valuation and Growth Outlook

The Motley Fool +1 ·

SPCX Space Exploration Technologies Corp
$152.16 -2.80%
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  1. 1CEO Elon Musk projected that the company could generate $1 trillion in revenue by 2030 and $3.5 trillion by 2033.
  2. 2SpaceX's $2.1 trillion market capitalization shows a significant gap from this year's expected revenue consensus of $45.4 billion.
  3. 3SpaceX acquired Cursor and acquired frequency bands from Grain Management.

So what's the key point?

Musk said SpaceX will generate massive revenue. However, the current company valuation is much higher than the revenue experts expect.

Source The Motley Fool +1 · View original ↗

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