Fiona Cincotta, Analyst of City Index discussed SpaceX's $1.75 trillion valuation, explaining that the investment includes Starlink, SpaceX's launch business, and the long-term potential of Starship and the space economy. However, she noted that the valuation may be high, considering the profits may not be realized for many years. She also discussed the controversial dual-share structure of the IPO, where Elon Musk will retain 80% of the voting power, raising concerns about shareholder democracy. She emphasized that investing in SpaceX is buying into Musk's vision and trusting in his decision-making, despite potential risks.
