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Damodaran: AI Shaky, High-Potential Business for SpaceX

Damodaran: AI Shaky, High-Potential Business for SpaceX
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Jun 16th, 2026 Damodaran: AI Shaky, High-Potential Business for SpaceX On the third day of trading, SpaceX's market capitalization surged to approximately $2.7 trillion, positioning the company to surpass Amazon in market value. Joining the discussion, Aswath Damodaran, Professor of Finance at NYU Stern School of Business, provided his valuation perspective. He explained that his recent analysis estimated SpaceX's enterprise value at around $1.2 trillion and equity value near $1.3 trillion,...

Jun 16th, 2026 Damodaran: AI Shaky, High-Potential Business for SpaceX On the third day of trading, SpaceX's market capitalization surged to approximately $2.7 trillion, positioning the company to surpass Amazon in market value. Joining the discussion, Aswath Damodaran, Professor of Finance at NYU Stern School of Business, provided his valuation perspective. He explained that his recent analysis estimated SpaceX's enterprise value at around $1.2 trillion and equity value near $1.3 trillion, roughly half of the current market cap. He speaks with Romaine Bostick & Katie Greifeld on "The Close." [Image text:] INTRADAY SpaceX 10:42 202.04 nLTUIuX 9.54 ANTHROP\C ChatGPT 5.01% Bloomberg DAMODARAN:AIIS SPACEX'S SHAKIEST BUSINESS, TheClose BUT ALSOHASTHEMOSTPOTENTIAL
Damodaran (PERSON) SpaceX Jun 16th, (PERSON) AI Shaky (ORG) SpaceX (ORG) Amazon (ORG) Aswath Damodaran (PERSON) NYU Stern School of Business (ORG) Romaine Bostick & Katie Greifeld (ORG)
Originally published by Bloomberg Markets Read original →