Key Facts on SpaceX’s Valuation and Upcoming IPO
SpaceX has reached a record valuation of $1.51 trillion on Forge Global’s secondary market, following a closing share price of $634.05, a 215% increase over the past year. This valuation sets the stage for its upcoming initial public offering (IPO), which is projected to target a capital raise of up to $75 billion and a valuation range between $1.75 trillion to $2 trillion.
In 2022, SpaceX generated approximately $15 billion to $16 billion in revenue. As of May 9, 2023, the company’s price-to-sales (P/S) ratio is estimated to be around 100 times its sales for 2025, significantly above the historical bubble threshold of 30. IPO investors should be aware that many high-profile IPOs in history have underperformed in the months following their debut.
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