Ab sabse mazedaar baat - valuation! SpaceX $1.75 Trillion tak ki valuation target kar rahi hai, aur $75 Billion tak fund uthana chahti hai. Agar ye hua toh ye ab tak ka sabse bada IPO hoga! Lekin ruk jao, yahan ek twist hai. Inka target multiple hai 108x trailing sales ka. Bhai, ye toh Meta (jo 16x par list hua tha) aur Nvidia (jo 13x par) se bhi kaafi zyada hai. Socho, kitna bada risk hai!
Aur yaaad karo, pichle 15 saalon mein jitne bhi bade IPOs aaye hain na, unmein se 4 toh S&P 500 ko bhi beat nahi kar paaye. Alibaba, Uber, Rivian sabka record dekh lo, IPO ke baad stock gira hi hai. Sirf excitement ke bharose entry mat lena.
Sabse bada concern toh bhai yehi hai ki ye 108x ka multiple futuristic growth par based hai. Agar growth slow hui, toh stock price par pressure aa jayega. Aur kuch reports bata rahi hain ki 2025 mein revenue toh hai, par losses bhi kaafi dikh rahe hain.
SpaceX rockets aur satellites mein toh expert hai hi, par ab AI data platform ko manage karna ek alag challenge hai. Starlink ka revenue model toh hai, par kya ye profitable hoga aur competitors se kaise compete karega, ye dekhna hoga.
Ab sabki nazar S-1 filing par hai, jisme saari details aaengi. Investors ko growth, margins aur tech giants ke comparison par dhyan dena hoga. Long term bet toh AI infrastructure par hai, par IPO mein entry price bahut important hai.
