SpaceX Could Soon Be Worth $2 Trillion. This $66 Metric Is the One to Watch
Many investors are chomping at the bit to buy shares in a slew of upcoming IPOs, including OpenAI, Anthropic, and SpaceX. The recent debut of the artificial intelligence semiconductor company Cerebras, which raised $5.5 billion from its IPO and saw its share price surge 68% on the first day of trading, shows just how eager some investors are for new tech stocks.SpaceX -- which is run by Tesla (NASDAQ: TSLA) CEO Elon Musk -- is rapidly approaching its June 12 IPO and could raise up to $75 billion in the offering. That would give SpaceX a valuation of about $1.75 trillion to $2 trillion -- making it the biggest IPO ever.And while those are unfathomable numbers, potential SpaceX investors may want to focus their attention instead on one declining number in the company's recent S-1 filing: The $66 in average revenue per user (ARPU) for the company's Starlink internet service.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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