Cathie Wood discusses potential valuation of SpaceX
ARK Invest founder Cathie Wood suggested that SpaceX could generate $1 billion in revenue per Starship launch. She noted that if the company achieves Elon Musk's goal of 10,000 flights annually by 2030, annual revenue could reach $10 trillion. Wood stated that a $1.75 trillion IPO valuation might be considered a high-value investment opportunity under those conditions, though she acknowledged significant uncertainty in these projections.
Summaries are written by AI from the original article. Not investment advice.