#2/ Massive SpaceX Market Valuation Will Depend on
Post# of 2218
By ALEX MCGUIRE, Associate Editor, Money Morning • @AlexMcGuire92 • April 18, 2017
https://moneymorning.com/2017/04/18/massive-s...2-factors/
Despite no IPO announcement yet, the SpaceX market valuation should be enormous. In fact, SpaceX is already the ninth most valuable private company in the world.
SpaceX already boasts a private valuation of $12 billion. The company has been climbing the rankings, too. It's up from the 10th position in March and 11th position in February.
SpaceX's private valuation is a big indicator of what its valuation will be after it goes public. In general, a firm's private valuation dictates how much demand there is for the stock once the IPO prices on a stock exchange. The stock price – combined with the total number of shares – determines the firm's market cap, which equals the total value of the public company.
But that's only a fundamental indicator. Today, we're going to show you two bigger factors that will influence the SpaceX market valuation once the firm goes public down the road.