SpaceX At $1.75 Trillion Could Expose How Overpriced Some Space Stocks Really Are

SpaceX is valued at $1.75 trillion with approximately $16 billion in revenue, translating to a valuation of about 110x sales. In comparison, Rocket Lab Corp trades at around 62x revenue, while Planet Labs PBC is at 38x, and other companies like AST SpaceMobile Inc. are valued at an extreme 452x revenue. This disparity raises questions about the valuation of smaller, unproven companies in the space sector, especially as SpaceX's profitability and scale set a new benchmark for the industry.