$SPCX - SPACEX IPO VALUATION BUILT ON HYPE, SAYS CHANOS Short seller Jim Chanos argues SpaceX’s planned $1.75 trillion IPO valuation is dis…
$SPCX - SPACEX IPO VALUATION BUILT ON HYPE, SAYS CHANOS
Short seller Jim Chanos argues SpaceX’s planned $1.75 trillion IPO valuation is disconnected from fundamentals and driven by overly optimistic future expectations. Speaking ahead of the record-breaking $75 billion listing, he said investors are pricing in ambitious narratives rather than realistic earnings prospects, adding that SpaceX’s valuation multiple far exceeds that of Tesla.