
US$1.75tn SpaceX IPO to test investor appetite

A prospective initial public offering (IPO) by SpaceX at a reported valuation of up to US$1.75 trillion (A$2.44 trillion) is forcing investors to confront whether a multi-platform infrastructure company can sustain pricing at a whopping 95 times revenue, according to new analysis from ARK Invest. In a report released on 21 April, the investment management firm led by founder Cathie Wood outline














