Here are the odds of SpaceX becoming the world's most valuable company
SpaceX debuted as the fifth-biggest stock. The path to third place could take years, at least according to options prices. There's a lot of perks to debuting in the public markets with a multitrillion valuation: worldwide attention, next-day derivatives trading and fast-track inclusion into some of the most important benchmark equity indexes. One small catch: It might take a while to move up each next rung of the market-cap ladder. SpaceX's current $2.6 trillion valuation puts the company in a neck-and-neck race with Amazon for world's fifth-biggest company, and more than $1 trillion ahead of Elon Musk's Tesla. From there, it's a big jump to third and second-place Apple and Alphabet, respectively, both of which trade with a market cap over $4.4 trillion. To leap-frog those two and take second place behind $5 trillion Nvidia, SpaceX would need to rally about 70% to $340, assuming Apple...
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