Record SpaceX IPO 'Calculus Based on Faith' Not Valuation, Says Colas

Bloomberg Markets Friday 12 June 2026, 18:52 UTC 1 min read

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Jun 12th, 2026 Record SpaceX IPO 'Calculus Based on Faith' Not Valuation, Says Colas Nick Colas, co-founder of Data Take Research, said that while he believes the math doesn't add up for SpaceX's valuation compared to the level of investment into space tech company, investors are making the decision based on Elon Musk's track record of success. Colas said that the bet is that Musk can replicate his track record of bringing the public interesting technology, but that it's not based on any...

SpaceX IPO ' (ORG) Colas Jun 12th (PERSON) Colas Nick Colas (PERSON) Data Take Research (ORG) SpaceX (ORG) Elon Musk's (PERSON) Musk (PERSON)

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Japanese investors sought more than $6.2 billion worth of SpaceX shares at IPO, sources say

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Record SpaceX IPO 'Calculus Based on Faith' Not Valuation, Says Colas

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