Published Aug 25, 2026, 5:22 PM ET · Updated 3 months ago · 1 source

SpaceX's Starship valuation projection is overly aggressive

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Original Report

The projection of SpaceX's valuation reaching $665 per share by 2035, based on 1,680 annual launches from 14 pads and a 30% operating margin, is overly aggressive because there is no current customer base to support such a high volume of launches and the assumption of peak Tesla-like margins is challenging.