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SpaceX IPO: Sky-high valuation, rising losses
Description
Ray White speaks to Anton du Plooy, analyst at Ninety One, about SpaceX’s blockbuster IPO, its eye-watering $1.75 trillion valuation target, and the tension between its rapid growth in Starlink and launch services and the mounting losses driven by heavy AI investment and the integration of xAI as it positions itself for a future beyond Earth.
The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.
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