SpaceX IPO at 100x revenue multiple - $1.75-2 trillion. How is the Maths working?

nitul88 · 2026-04-28T17:59:04+00:00

=== SUMMARY === - The post questions the rationality of SpaceX's reported $1.75-2 trillion valuation at a 100x revenue multiple, asking whether it reflects Starlink’s recurring revenue or speculative hype around Elon Musk’s vision. - Author’s thesis is skeptical: they wonder if this is a realistic trajectory or a massive speculative bubble, noting the market is “completely split.” - Quality assessment: This is noise/speculation – the post links to a Reuters commentary but offers no original data or financial modeling; it’s a reaction to news, not deep-dive DD. === SENTIMENT === BEARISH === TRADE IDEAS === No actionable trade ideas in this post. === COMMENTS SUMMARY === Top comments are overwhelmingly bearish, with users dismissing the valuation as “Elon Musk pillaging off everyone else” and claiming markets are “detached from reality.” Others argue that Musk’s investors don’t care about math or profitability, reinforcing a skeptical community sentiment.

u/nitul88 · Reddit — r/StockMarket · April 28, 2026 at 17:59 · ⬆ 55 pts · 💬 59 comments | View on Reddit ↗

AI Summary

Summary

The post questions the rationality of SpaceX's reported $1.75-2 trillion valuation at a 100x revenue multiple, asking whether it reflects Starlink’s recurring revenue or speculative hype around Elon Musk’s vision.
Author’s thesis is skeptical: they wonder if this is a realistic trajectory or a massive speculative bubble, noting the market is “completely split.”
Quality assessment: This is noise/speculation – the post links to a Reuters commentary but offers no original data or financial modeling; it’s a reaction to news, not deep-dive DD.

Score 55

Comments 59

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