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SpaceX IPO is a ‘referendum’ on Musk, say market watchers
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- Friday's hotly anticipated Space X public debut could prove a defining moment for capital markets — and be a "referendum" on Elon Musk's leadership, according to market watchers.
- Musk's eye-watering $1.75 trillion valuation target reflects a price-to-earnings ratio of almost 100-times, compared to around 20-25-times for chip giant Nvidia and roughly 10-times for Apple.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
Friday's hotly anticipated Space X public debut could prove a defining moment for capital markets — and be a "referendum" on Elon Musk's leadership, according to market watchers.
Musk's eye-watering $1.75 trillion valuation target reflects a price-to-earnings ratio of almost 100-times, compared to around 20-25-times for chip giant Nvidia and roughly 10-times for Apple.
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