SpaceX recovers resused Rocket booster stage and IPO rumours?

in #space7 years ago

falcon_9_close_up.jpeg
For the third time now, SpaceX has recovered and landed a flown first stage booster further increasing confidence in SpaceX's ability to provide re-usability without compromising safety and further extending the re-usability eventually to the second stage and the dragon capsule itself making the whole rocket completely re-usable. This reduces spaceflight launch costs possibly in the region of a factor of 10 in the long run.

Morgan Stanley's Adam Jonas has been sizing up the valuation of SpaceX amid IPO rumors even though the news was denied by SpaceX back in May. The company valuation ranged from between $5bn to $120bn with the base case valuation of $50bn. The base case valuation depends on SpaceX developing itself in to a Satellite Internet company.

This could give Elon Musk another company with a valuation of $50bn or over with Tesla being currently valued at $59bn. Elon Musk's vision for Mar's wasn't factored in the calculation to work out the valuation of SpaceX which could inherently propel the baseline valuation over $100bn.