SpaceX Could Be Worth More Than Tesla the Moment It Goes Public. Here's Why.

SpaceX is gearing up for what could be the largest initial public offering (IPO) in history. The rocket and satellite specialist publicly filed its S-1 with the Securities and Exchange Commission last week, and reports point to a Nasdaq debut under the ticker SPCX as soon as June 12. Pricing is expected the night before, with the investor roadshow kicking off in early June. The targeted valuation: somewhere between $1.75 trillion and $2 trillion. That range is notable because it would put SpaceX above Tesla (NASDAQ: TSLA) -- the electric vehicle and energy company run by SpaceX CEO Elon Musk -- on day one. Tesla's market capitalization sits at about $1.65 trillion as of this writing. So how does a company that lost about $4.9 billion last year leapfrog an automaker generating more than $22 billion in quarterly revenue? The answer has less to do with rockets than with what the rockets put into orbit.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool