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SpaceX IPO may set highest valuation for a listing, Aswath Damodaran notes
Aswath Damodaran, Kerschner Family Chair in Finance Education; Professor of Finance at New York University Stern School of Business, highlights the upcoming SpaceX IPO, describing it as a potential milestone event. He points to the company's presence in futuristic sectors including spaceships, satellites, and AI, and notes that the involvement of its founder, Musk, is likely to keep the process high-profile and dynamic. Damodaran also suggests the IPO could command a price tag that makes it the most expensive IPO of all time.
No details about timing or valuation were disclosed in the tweet.
Damodaran has commented on market drivers in other sectors as well. He recently noted that rising crude and Brent oil prices have been fueled by supply chain and production concerns linked to war. His commentary often tracks the impact of external events on asset prices.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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