Trump threatens to cut trade with ‘terrible’ Spain and calls Starmer ‘no Churchill’
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Hence, investors are already giving the combined companies an equity valuation of over $1 trillion. And Musk wants more. According to reports in Bloomberg and the Financial Times, he aims at an offering that would give the new SpaceX a market cap of $1.5 trillion, raising around $50 billion in cash to fund expansion. Analyst Franco Granda of PitchBook believes that a $1.75 trillion mark is justifiable based on SpaceX’s gigantic growth opportunities, especially for its Starlink satellite franchise.
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