CRDOspacex-2

Sum-of-the-parts valuation — your estimates, your math.

Parts seeded from SPCX segment revenue (period 2026-06-30) — valuations are yours to fill in.

Company nameCurrencyShares outstanding

Parts

Part	Mode	Valuation	× Revenue	Reasoning / note
			× = $120.77B
			× = $6.76B
			× = $25.30B

Total value

$152.82B

3 parts, summed

Per share

total ÷ shares outstanding

Equity bridge

From parts value to equity value per share — all optional; leave blank to skip.

Net debtPositive = debt to subtract; negative = net cash adds back.Minority interestsNon-controlling stakes, subtracted from equity value.Preferred stockRedeemable / preferred claims, subtracted.SOTP discount %0–30, e.g. 10 for a typical conglomerate discount.Illiquidity %0–60; meaningful for private companies.

After net debt$213.47B

After minorities & preferred$213.47B

After SOTP & illiquidity discounts$213.47B

Equity value

$213.47B

Per share (bridge)