SpaceX (SPCX), Starship Launch 'Countdown'...Opening the Era of $1 Trillion Market Cap?

▲ SpaceX (SPCX), Dollar (USD)/AI-generated image

Ahead of the test launch of Starship, a super-heavy spacecraft promoted by SpaceX (SPCX), expectations are growing in the over-the-counter (OTC) market for the company's valuation to exceed $1 trillion. As the commercialization of the private space industry accelerates, investors' attention is focused on the company.

According to Coingape on September 17 (local time), SpaceX is preparing for the 11th integrated test flight of its next-generation launch vehicle, Starship, at its Starbase launch site in Boca Chica, Texas. This test focuses on validating key reusability technologies, including spacecraft orbital insertion and the recovery of the first-stage Super Heavy rocket to the ground launch pad. Given the significant technological progress made in the 10th test launch, the success of this flight is expected to be a watershed moment for the completion of a fully reusable rocket system.

Expectations for the spacecraft launch are leading to a re-evaluation of the company's value in the OTC stock market. On platforms for trading unlisted shares, SpaceX's estimated valuation exceeds $350 billion, maintaining an all-time high. Global investment banks and asset management firms are continuously releasing optimistic forecasts that the company's value will surpass $1 trillion in the future if Starship successfully enters the commercialization phase and cash flow from its satellite communication service Starlink fully materializes.

Cathie Wood, CEO of ARK Invest, analyzed that if Starship launches are commercialized, they could generate potential annual revenue of $10 trillion through 10,000 flights per year. On the other hand, some on Wall Street, led by NYU Professor Scott Galloway, are raising caution, suggesting that the stock could undergo significant adjustments due to global economic slowdown and massive capital expenditure burdens.

SpaceX's technological achievements are also highly regarded in terms of their potential connection with AI data center infrastructure and the defense industry. The construction of orbital data centers and the expansion of global low-latency communication networks are considered key assets for next-generation technological hegemony. The results of this test flight are expected to be a significant benchmark for future IPO schedules and final valuation.

[Article Summary]

-SpaceX is preparing for the 11th integrated test flight of Starship at Starbase, Texas.

-With its valuation exceeding $350 billion in the unlisted stock market, there is talk of reaching $1 trillion.

-The success of fully reusable rocket commercialization is considered a key turning point that will determine the future IPO valuation.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*