Space X

Space X IPO
Banking giant: Space X AI revenue could increase a hundredfold

Investment bank Goldman Sachs predicts strong growth for Space X ahead of its planned IPO. The company's AI revenue is expected to rise from $3.2 billion last year to $322 billion by 2030. The Financial Times reports.

The company's total revenue is also expected to grow from $18.7 billion to $474 billion.

The forecasts are based on assumptions about rapid expansion in AI, with Space X being linked to the development of chatbots and AI agents, among other things, via Elon Musk's company X AI.

At the same time, there is great uncertainty. The forecasts are based on rapid technological development, fierce competition and the company managing to scale up both AI and space operations at a rapid pace ahead of a possible IPO.

Space X stock market trip
Crazy valuation makes knees shake and eyes water

A stock market listing is now close for Elon Musk's space company Space X – and the sky-high valuation makes stock market analysts weak in the knees.

The company is valued at a staggering $1.8 trillion, equivalent to 95 times its own turnover. The ratio is higher than large companies such as Nvidia, Amazon and Tesla – despite Space X reporting losses.

The financial firm Morningstar believes that the company is "significantly overvalued" and that investors will likely have better buying opportunities later. For Michael Hewson, an analyst at iForex, the "astronomical" valuation makes his eyes water.

- With normal valuation measures, the numbers appear incomprehensible, he says according to The Guardian.

At the same time, the company is difficult to value because SpaceX is "built on dreams, not fundamentals", writes the stock market website Barron's.

“SpaceX is valued based on future profits and revenues rather than the here and now, so some investors may be willing to ignore that,” Samuel Kerr, head of equity research at Mergermarket, told the BBC.