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

Bloomberg Markets · Jun 12, 2026, 6:52 PM · Also reported by 4 other sources

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 c

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

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