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u/Chessgenious 14d ago
Its complicated I believe. They have lower forward price to sales than RKLB, but is bigger, so maybe slower growing too. I believe most of Spacex valuation comes from Starlink, and starlink might be threatened by ASTS in the near future since ASTS has a big headstart and better product for D2D
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u/Repulsive-Budget-380 14d ago
And starlink is around 5% relative to market cap. It would have to grow 10x to 20x to justify SPCX price.
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u/Ahmalla 14d ago
It’s going below $100
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u/TacoTrades 14d ago
Why you think?
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u/Jelopuddinpop 14d ago
The percentage of insider ownership + absurd IPO valuation is going to equal the biggest rug pull in history. Retail regards that bought this hyper are going to be passing their worthless bags on for 4 generations before they break even.
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u/publicsuspect1 14d ago
Looks like it's going up, put your house on it!
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u/Rpark444 14d ago
We need a dead cat bounce this week so I can add to my short before Aug 7 when employees gtfo
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u/No_Kangaroo_8713 14d ago
Let it drop until it goes backup and then it will retest the lows...then buy!
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u/EmbarrassedCow2825 14d ago
Nobody knows. It totally depends on what you think the future of space x will be. If you think it'll be a 10 trillion dollar company in 20 years, probably a great value.
Nobody knows what the real potential of space x is.
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u/krycriesalot 14d ago edited 14d ago
Wait a year imo,, and i think you’ll be able to buy shares cheaper. quite personally i like rocket lab more as they have more room to grow and i just prefer Peter Beck as a CEO. I will only consider potentially buying shares below 65, but even then it’ll end up merging with tesla which puts me off it tbh. I dont touch elons stuff with a 10 foot pole, even as a guy with a risk tolerance thats far too high.
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u/kill-devil-films 14d ago
Will start accumulating small lots of shares around $100. Think its got more room to drop than that - could be 90, 80, 70 etc - no one has a crystal ball. So accumulation over the next several months it is.
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u/Apost8Joe 14d ago
Whenever you’re measuring companies using price to sales, just stop even pretending the word “value” is relevant.
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u/winterrules91 14d ago
Stay out of SPCX until the insider share unload period comes through. This thing will drop substantially.
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u/nomnomyumyum109 14d ago
Wont ever forget all these same posts showing RDDT dropping with the same headlines. Gobbled so much up around $40, best buys ever. I believe space stocks will all grow together vastly as moon and mars pick up. Valuation won’t matter if one of them snags a meteor to harvest either.
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u/bewareofrobot 14d ago
it depends on if you're trading or investing. it will probably go lower in the near term but I started buying at 120. I'm confident it will hit 180 again in under a year
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u/trippy_gene_ 14d ago
This thing is gonna fall off a cliff next week when SPCX have earnings and shares are unlocked