Well-known investment bank claims SpaceX is over US$50 billion in valuation or is preparing IPO

On October 13th, according to CNBC, “Iron Man” Elon Musk is making the launch of the rocket a very common event, and his company Rocket SpaceX may be worth tens of billions of dollars.

On Thursday, Morgan Stanley analysts wrote in a research report that Musk’s company may become a $50 billion giant by building a satellite broadband network.

The private space company launched this year’s 15th rocket this Wednesday and was the second rocket launched this week. More importantly, this launch of the Falcon 9 rocket was SpaceX's third-stage booster for successfully recovering rockets at sea for the third time, and with every success of the so-called "flight verification" launch, the company should be allowed to It will be easier to attract new customers in the future.

Morgan Stanley said that the development of reusable rockets is equivalent to creating a "space elevator to near-earth orbit."

When the American inventor Elisha Graves Otis demonstrated to the public in 1854 his invention of a safe elevator, it may be difficult for the public to understand that it will have a huge impact on architecture and urban design. Morgan Stanley said that about 20 years later, each multi-story building in New York, Boston and Chicago is built around a central elevator shaft. "SpaceX will also bring similar changes."

For most of the past 10 years, the United Launch Alliance of SpaceX’s rivals, Boeing and Lockheed Martin, has spent about US$200 million each for launching a satellite. The cost of launching a satellite dropped to about 60 million US dollars, which is a huge breakthrough. SpaceX is trying to reduce its costs to $5 million, while Morgan Stanley said that the satellite launch business is only SpaceX "bringing limited revenue."

For Morgan Stanley, SpaceX’s “cash cow” is a satellite broadband network that the company plans to build within two years and will send humans to Mars within seven years.

The investment bank said: "The goal of SpaceX's satellite Internet business is to generate enough cash to allow them to complete the mission to land on Mars." It also stated that Musk was serious about his goal of multi-planetary expansion.

SpaceX denied that it is preparing for an initial public offering (IPO), but Morgan Stanley said that this prospect should not be ruled out because the company’s upcoming project requires a lot of money. The investment bank analyst said: "Considering that the company may want to be able to obtain funds in the open market, we think it will soon make the IPO's forecast seems reasonable."

Morgan Stanley said: "Because SpaceX has a huge space to invest, if SpaceX decides to implement IPO, public investors will begin to pay more attention to the space sector." (Liu Chun)

Lens Caps

Lens Caps,Lens Cover,Camera Lens Cover,Camera Lens Cap

SHAOXING COLORBEE PLASTIC CO.,LTD , https://www.colorbeephoto.com