SpaceX: Does a $2.1 trillion valuation make sense?

SpaceX’s (NASDAQ:SPCX) spectacular stock market debut exceeded even bullish expectations. After pricing its IPO at $135, the shares surged almost 19% to close at $160.95, giving the company a market capitalisation of approximately $2.1 trillion—instantly making it one of the world’s largest listed companies. For UK retail investors, the key question is whether this valuation … Continue reading SpaceX: Does a $2.1 trillion valuation make sense?