SpaceX IPO Boosts A-Share Aerospace Sentiment, Valuation Gap Exceeds 7 Times
SpaceX saw its shares surge 19% on its first day of trading on Nasdaq on June 12, while China A-share commercial aerospace companies rose an average of 0.88% that day. Citing analysts, China Daily said that SpaceX’s listing provides a mainstream public-market valuation model for global commercial aerospace, which will help revalue A-share commercial aerospace companies’ valuations. Tian Lihui, a finance professor at Nankai University, said A-share commercial aerospace companies’ price-to-sales r
SPCX-0.29%
MarketWhisper·06-16 03:44
