SpaceX (SPCX) Stock: Cathie Wood Says You’re Buying at a Discount Right Now
TLDR
- Cathie Wood says SpaceX’s $1.75 trillion IPO will look cheap in hindsight, citing Starship’s revenue potential
- ARK Invest estimates each Starship launch could add ~$1 billion in annual Starlink revenue
- Wood projects $10 trillion in annual Starship revenue by 2030 at 10,000 flights per year
- Elon Musk replied to Wood’s post saying reaching the 10,000-flight target is “not impossible”
- SPCX priced at $135 in June,
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Read MoreSpaceX (SPCX) Stock: Cathie Wood Declares Current Valuation a Bargain Opportunity
Key Takeaways
- ARK Invest’s Cathie Wood argues SpaceX’s $1.75 trillion valuation will appear drastically underpriced looking back, based on Starship economics
- ARK’s analysis suggests every Starship deployment could generate approximately $1 billion in yearly Starlink earnings
- Wood forecasts $10 trillion in yearly Starship-driven revenue by decade’s end assuming 10,000 annual missions
- Elon Musk responded to Wood’s analysis,
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