SpaceX Market Cap Reaches $2.7 Trillion, Professor Damodaran Offers Valuation Perspective
On its third day of trading, SpaceX's market capitalization reportedly surged to approximately $2.7 trillion, positioning the company to potentially surpass Amazon in market value. Professor Aswath Damodaran of NYU Stern School of Business provided his valuation, estimating SpaceX's enterprise value at around $1.2 trillion and its equity value near $1.3 trillion, which is roughly half of the reported current market capitalization.
On its third day of trading, SpaceX's market capitalization reached an estimated $2.7 trillion. This valuation reportedly positions the company to potentially exceed Amazon's market value.
Aswath Damodaran, a Professor of Finance at NYU Stern School of Business, has offered his perspective on SpaceX's valuation. According to his recent analysis, he estimated the company's enterprise value at approximately $1.2 trillion.
Additionally, Professor Damodaran calculated SpaceX's equity value to be around $1.3 trillion. This figure represents roughly half of the company's reported current market capitalization.
According to Bloomberg Markets, Professor Damodaran shared his insights during an appearance on "The Close."
