SpaceX Worth $180 Billion Now: Musk-Owned Company's Value Tops Boeing, Lockheed Martin, Disney, Verizon, IBM, Pfizer, UPS
Portfolio Pulse from Chris Katje
SpaceX's valuation has reached $180 billion in a recent tender offer, surpassing its previous $150 billion valuation and exceeding the market capitalizations of major companies like Boeing (BA) and Lockheed Martin (LMT). The company's rocket launches and Starlink are projected to generate $9 billion in revenue in 2023, with an estimate of $15 billion by 2024. SpaceX is now the second most valuable private company, behind ByteDance. Investors in SpaceX include Alphabet Inc (GOOG, GOOGL), Fidelity, and Baillie Gifford. Speculation about a potential IPO for SpaceX or its Starlink unit continues.
December 14, 2023 | 11:49 pm
News sentiment analysis
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NEGATIVE IMPACT
SpaceX's new $180 billion valuation surpasses Boeing's market cap of $155 billion, highlighting SpaceX's growth in the aerospace sector.
SpaceX's increased valuation and growth in the aerospace sector could potentially overshadow Boeing's presence in the market, leading to negative sentiment among investors in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
SpaceX's valuation now exceeds Lockheed Martin's market cap of $127 billion, potentially impacting investor perception of Lockheed's position in the space industry.
As SpaceX's valuation surpasses that of Lockheed Martin, it may lead to concerns about Lockheed's comparative growth and innovation in the space sector, which could negatively affect its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Alphabet Inc, as an investor in SpaceX, could see indirect benefits from SpaceX's increased valuation, although the impact on Alphabet's stock may be limited due to its diverse portfolio.
Alphabet's investment in SpaceX may be viewed positively due to SpaceX's rising valuation, but given Alphabet's size and diversified business, the impact on its stock price is likely to be minimal in the short term.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 40
POSITIVE IMPACT
Alphabet Inc, as an investor in SpaceX, could see indirect benefits from SpaceX's increased valuation, although the impact on Alphabet's stock may be limited due to its diverse portfolio.
Alphabet's investment in SpaceX may be viewed positively due to SpaceX's rising valuation, but given Alphabet's size and diversified business, the impact on its stock price is likely to be minimal in the short term.
CONFIDENCE 70
IMPORTANCE 30
RELEVANCE 40