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Read More »Why SpaceX’s $2 Trillion IPO Is Built on a $200 Launch Cost Bet
Elon Musk’s SpaceX just set the record for the largest IPO ever at $2 trillion, an eye-popping number that dwarfs Saudi Aramco’s $29.4 billion benchmark. Yet, behind the rocket launches and futuristic promises, the entire valuation rests on one almost absurdly small figure: reducing launch costs to $200 per kilogram. Can Musk pull off the unthinkable, or is this the …
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