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SpaceX's IPO is priced at $135 a share, but a fairer value is closer to $64. What's the difference? A wager on a reusable rocket that seems far from ready, a satellite factory that hasn't been built, and a chip foundry without a development timeline techcrunch.com/2026/06/10/t...
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The three hard-tech moonshots fueling SpaceX's unbelievable IPO | TechCrunch
techcrunch.com
Most of the value in SpaceX's IPO is effectively a call option on the company's ambitious space data center plans.
Tim Fernholz