Skeptics Question Whether SpaceX Is Worth $1.77 Trillion
Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.
What happened?
Elon Musk’s rocket company is spending big and losing money. That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.
Story details
Elon Musk’s rocket company is spending big and losing money.
That has raised questions about whether it can justify its valuation for its blockbuster initial public offering.
Why it matters
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Original source
https://www.nytimes.com/2026/06/11/technology/spacex-valuation-skeptics.html