NYU Stern valuation professor Aswath Damodaran discusses how SpaceX differs from conventional technology companies. In comments reported by NDTV, Damodaran says SpaceX stands apart because it focuses on “real engineering” rather than operating like an app-based or software-centric business. He frames this distinction as important for how the company is understood and valued, contrasting SpaceX’s activities with the typical valuation patterns used for many tech firms. At the same time, Damodaran highlights that SpaceX’s valuation appears to be moving ahead of underlying figures. He characterizes the company’s price as running well ahead of its current numbers, implying that investors are assigning expectations beyond what traditional financial metrics may reflect. Overall, the discussion combines a qualitative view of SpaceX’s operational model—grounded in engineering and hardware—with a quantitative caution that market pricing may outpace current fundamentals.