# Wall Street is reaching for some unusual yardsticks to price Elon Musk’s SpaceX.

*business · news · 2026-04-10 · Bnn Bloomberg*

## Key points

- SpaceX investors are benchmarking its valuation against Palantir, GE Vernova, and Vertiv, not aerospace peers.
- A $1.75 trillion IPO valuation would put SpaceX at 110 times 2025 revenue estimates, per PitchBook.
- SpaceX's Starlink business is being compared to high-growth tech firms rather than legacy telecoms like AT&T.
- Investors argue SpaceX's reusable rockets and commercial expansion justify higher multiples than Lockheed or Boeing.
- Much of SpaceX's pricing is driven by investor sentiment and momentum rather than traditional financial metrics.

**Companies:** SpaceX, Palantir Technologies, Boeing, Lockheed Martin, AT&T, Verizon, GE Vernova, Vertiv
**Countries:** United States

[Read the full story on Bnn Bloomberg](https://www.bnnbloomberg.ca/business/2026/04/10/the-unconventional-logic-behind-spacexs-us175-trillion-price-tag/)

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