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Is SpaceX worth $1.77 trillion? It’s a pie in the sky, some investors say.

Is SpaceX worth $1.77 trillion? It’s a pie in the sky, some investors say.
Key Points

SpaceX set an initial public offering price of $135 a share, valuing it at $1.77 trillion. Some investors are skeptical that the valuation is justified.

SpaceX set an initial public offering price of $135 a share, valuing it at $1.77 trillion. Some investors are skeptical that the valuation is justified.
SpaceX (ORG)
Originally published by NYT Business Read original →