CorticorpNews
Back to Finance
3 photos

Updated

Commentary circulated on what Elon Musk and SpaceX would need to do to send the company's stock 'into the stratosphere,' alongside a separate report estimating that SpaceX could draw as much as $15.5 billion in passive buying if it were added to the Nasdaq index amid an upcoming reconstitution. The speculation reflects intense investor interest in SpaceX's equity even without a formal public listing. SpaceX shares were reported trading about 11% above their $135 IPO price, with some analysts setting price targets as high as $280, though at least one investor cautioned that the valuation implied by such targets is 'beyond silly.' The divergence between bullish price targets and valuation skepticism underscores the uncertainty surrounding SpaceX's private-market pricing ahead of any potential index inclusion.