SpaceX Stock Trades at $157 versus $62 Fair Value, $1.2 Trillion Gap
SPCX•
SPCX•An analyst firm pegs SpaceX fair value at $62 per share versus trading at $157, implying a $1.2 trillion valuation gap and a 78 price-to-sales ratio versus 19 for Nvidia and 20.5. SpaceX is exploring a Starlink retail product and U.S. terrestrial mobile network while shares fell 20% post-IPO.
An analyst firm sets fair value at $62 per share against a $157 trading price, implying a $1.2 trillion valuation gap. The share’s 78 price-to-sales ratio sharply exceeds 19 for Nvidia and 20.5, underscoring overvaluation concerns.
President Gwynne Shotwell indicated SpaceX is evaluating a Starlink retail offering and the build-out of a U.S. terrestrial mobile network. Participation in FCC Auction 113 for AWS-3 licenses suggests spectrum acquisition aimed at supporting this expansion.
SpaceX stock has fallen roughly 17% in its second week of trading and declined about 22.6% over the past week, reversing early post-IPO gains that briefly positioned its market value near top technology peers.
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