SpaceX Rocket Business Valuation Raised to $546B on Blue Origin Reassessment; Stock Up 2.6%

SPCX2.55%
According to William Blair analyst Louis DePalma via Yahoo Finance on July 10, SpaceX's rocket launch business valuation was raised to $546 billion, up from a previous estimate of $300 billion, reflecting the higher valuation recently assigned to Blue Origin at $130 billion. SpaceX stock closed at $152.16 on July 9, up 2.60% from the prior session, while the analyst maintained an overweight rating on the company.
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