SpaceX’s $2.1 Trillion Valuation Tops Palantir with 110x P/S Multiple
PLTR•SpaceX’s debut valued the company at about $2.1 trillion market cap and positioned it with a trailing 12-month price-to-sales ratio of 110 times. That surpasses Palantir’s 63 times P/S ratio, while SpaceX also trades at a twofold premium to Palantir on a trailing price-to-book basis.
1. SpaceX Surpasses Palantir in Valuation Multiples
SpaceX’s debut on public markets valued it at roughly $2.1 trillion, giving it a trailing 12-month price-to-sales ratio of 110 times compared with Palantir’s 63 times. The rocket company also commands a twofold premium on trailing price-to-book metrics versus Palantir, underscoring heightened investor expectations.
2. Market Debut Drives Trillion-Dollar Valuation
Strong demand from institutional and retail investors propelled shares above the $135 offering price, delivering a 19.2% gain on debut and an additional 10% rise the following session. This rapid climb reflects optimism about growth engines such as Starlink expansion, government contracts, and futuristic projects.
