Scottish Mortgage Investment Trust is a potential beneficiary of the “valuation surprise” from SpaceX. The stock is on the verge of breakout
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The stock of Scottish Mortgage Investment Trust is becoming more interesting after the "valuation surprise” from SpaceX. The valuation of SpaceX at 1.5 trillion USD would likely be higher at an IPO than many previously thought. This is based on several factors that could make the currently private company an extremely valuable player. SpaceX is building the largest satellite network in the world with thousands of Starlink satellites. With global high-speed internet, there is a chance for revenues of hundreds of billions of dollars per year. Meanwhile,...
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