2026-06-13 09:30:52
SpaceX Debuts with $41.3B Cumulative Loss Since 2002, P/S Ratio of 112x on First Trading Day
According to Odaily, SpaceX's IPO debut on its first trading day saw a price-to-sales ratio of 112x, significantly higher than Tesla's 15x and Nvidia's nearly 20x. The company has accumulated losses of $41.3 billion since its 2002 founding, according to its prospectus.
The company's business