# Cathie Wood says SpaceX IPO is a bargain at $1.75 trillion

> ARK Invest founder projects Starship could generate $10 trillion annually in Starlink revenue, but the math depends on hitting ambitious flight targets.
- Title: Cathie Wood says SpaceX IPO is a bargain at $1.75 trillion
- Summary: ARK Invest founder projects Starship could generate $10 trillion annually in Starlink revenue, but the math depends on hitting ambitious flight targets…
- Keywords: cathie wood, ark invest, spacex, starship, starlink, ipo, elon musk, space launch, satellite internet, valuation, business, finance
- Source: Yahoo Finance — https://finance.yahoo.com/markets/stocks/articles/cathie-wood-calls-1-75-114402287.html
- Published: 2026-09-16T11:44:02+00:00
- Read time: 1 min
- Topics: cathie wood, ark invest, spacex, starship, starlink, ipo, elon musk, space launch, satellite internet, valuation, business, finance
## Wood's billion-dollar Starship bet
Cathie Wood says a single Starship launch could generate $1 billion in Starlink revenue, making the $1.75 trillion SpaceX IPO look cheap if the company hits Elon Musk's goal of 10,000 flights yearly by 2030.

> a single Starship launch could generate $1 billion in revenue
## The Starlink revenue math
ARK Invest calculates Starlink generates $19 million yearly per terabit per second of capacity. One Starship carries roughly 61 terabits per second, adding close to $1 billion in recurring revenue per flight.
## The $10 trillion annual projection
Multiply $1 billion per flight by 10,000 annual launches and Starship alone would generate $10 trillion yearly. Wood argues this makes the $1.75 trillion IPO price a deep value bargain.
## The capacity assumption problem
Wood's math assumes every Starship flight carries Starlink capacity, but Musk has framed the 10,000 flight target against commercial air travel, which earns no connectivity revenue.
## Starship has barely launched
Starship has flown only twice since the June IPO, both suborbital. Falcon 9 flew 165 times last year, showing the massive gap between current cadence and Wood's 10,000 annual target.
## Stock struggles despite bullish calls
SPCX priced at $135 in June and closed its first session at $161, but has since spent weeks below its IPO price. Wood is not alone in bullish projections, but the company must prove it can execute.
## Key takeaway

Wood's valuation hinges on SpaceX launching Starship 10,000 times yearly by 2030, a cadence the company has yet to demonstrate.