The Math on SpaceX’s IPO Is Virtually Impossible
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Elon Musk’s SpaceX is slated to go public this week at a market cap of $1.75 trillion, which would make it one of the world’s most valuable publicly traded companies in the world overnight.
But justifying that astronomical figure appears virtually impossible: in fact, as Fortune reports, it would require the company to grow and profit more spectacularly than any other venture in the history of capitalism.
For one, as detailed in its S1-filing with the Securities and Exchange Commissi
But justifying that astronomical figure appears virtually impossible: in fact, as Fortune reports, it would require the company to grow and profit more spectacularly than any other venture in the history of capitalism.
For one, as detailed in its S1-filing with the Securities and Exchange Commissi
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