The "Dean of Valuation" Thinks SpaceX Is Worth 28% Less Than Its $1.8 Trillion IPO Price. Here's Why.
Key takeaways
- However, valuation expert Aswath Damodaran, a New York University Stern School of Business professor, recently offered a slightly more grounded perspective.
- Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need.
- Drawing on details from SpaceX s S-1 filing with the Securities and Exchange Commission, Damodaran has concluded that the company is worth $1.3 trillion, about 28% lower than management s IPO price.
Adam Spatacco, The Motley Fool Thu, June 11, 2026 at 9:44 PM GMT+7 5 min read SPCX With reusable rockets, a growing constellation of satellites providing internet connectivity, and now a major push into artificial intelligence (AI) through x AI, Space X is swiftly becoming one of the most inspirational companies at the intersection of technology and space exploration. Some leading Wall Street banks have floated valuations for Space X well into the trillions, and CEO Elon Musk agrees: For its initial public offering (IPO) on Friday, SpaceX will list on the Nasdaq at a valuation of $1.8 trillion.
However, valuation expert Aswath Damodaran, a New York University Stern School of Business professor, recently offered a slightly more grounded perspective. Widely known as the "Dean of Valuation" for his transparent financial models and willingness to publish spreadsheet assumptions for public scrutiny, Damodaran has a reputation for sifting through hype narratives with disciplined, data-driven analysis.
Will AI create the world s first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue »