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Rule of X: public tech multiples, now with SpaceX, OpenAI & Anthropic

dealroom.co

The Rule of X links a revenue multiple to growth and EBITDA margin. Dealroom scores 160 public technology companies on it, growth weighted 3×. SpaceX — listed since June 2026 and trading at about 26× forward revenue — is plotted with them and counts toward the trend line; OpenAI

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