Record SpaceX IPO 'Calculus Based on Faith' Not Valuation, Says Colas

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• Free Analysis Rule Based Analysis not AI TECH Bullish 60% 6h
  Generated → 6h → Excluded

  Expired: not evaluated within 7 days of its 6h timeframe elapsing

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Original source

Nick Colas, co-founder of Data Take Research, said that while he believes the math doesn't add up for SpaceX's valuation compared to the level of investment into space tech company, investors are making the decision based on Elon Musk's track record of success. Colas said that the bet is that Musk can replicate his track record of bringing the public interesting technology, but that it's not based on any math people can 'rationally model.' (Source: Bloomberg)

Read the full article on Bloomberg

Original article published by Bloomberg on June 12, 2026. Analysis and insights provided by AnalystMarkets AI.

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