Quote · Excess Returns
The Trillion Dollar Gap | Aswath Damodaran on SpaceX, AI and the Big Market Delusion
Where this was said
SpaceX IPO, Starlink, xAI, and the challenge of valuing uncertainty
At 2:35 · chapter starts 1:49
Kai Wu frames SpaceX's IPO — $1.8T IPO price, now $2.7T — as the ultimate valuation challenge combining high uncertainty, limited history, and massive narratives. [1] — Kai Wu "SpaceX is world's 5th largest company: After its IPO, SpaceX trades at roughly $2.7 trillion, making it the fifth-largest company in the wo…" 03:15
After its IPO, SpaceX trades at roughly $2.7 trillion, making it the fifth-largest company in the world, ahead of Amazon and just below Microsoft.
