SpaceX $1.75 Trillion Valuation Is ‘Justifiable,’ PitchBook Says

A $1.75 trillion valuation for billionaire Elon Musk’s SpaceX in an initial public offering would be “justifiable,” according to a PitchBook analyst.

The IPO value could be achieved if investors take a three- to five-year investment horizon and are tolerant of what Franco Granda, a senior analyst at PitchBook, called “Musk-amplified volatility.” The prospect of raising as much as $50 billion in the listing would give the company a war chest to fund the scale-up of its Starship rocket, expansion of Starlink, and build out its direct-to-cell offering.

Read More: SpaceX Weighs Confidential IPO Filing as Soon as March ...