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The Valuation Game: SpaceX Soars as Elon Musk Slips to No. 2 | CPT PPP Coverage

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The Valuation Game: SpaceX Soars as Elon Musk Slips to No. 2 appeared on www.barrons.com by Al Root.

Quiet weeks are rare in Elon Musk’s world. This past Monday, Bloomberg reported that Musk was raising funds for his space company, SpaceX. At $77 a share, the offer would lift Space X’s valuation 12%, to $140 billion.

That valuation is large enough to power past defense and aerospace giant

Lockheed Martin


which has an enterprise value, including debt, of $137 billion, and is the third most valuable defense and aerospace company in the West, after

Raytheon Technologies


and

Boeing


Trailing Lockheed is Europe’s

Airbus


and

Northrop Grumman

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