Serenity: If Celestial goes public independently, its valuation could reach $6 billion to $10 billion

--

Serenity stated that if Celestial were to go public as an independent company, with the potential of its CPO business, its valuation could reach $6 billion to $10 billion. Celestial is expected to achieve a revenue of $500 million in 2028 and $1 billion in 2029, and is a core participant in the CPO project of a large-scale cloud provider. After Marvel's acquisition, Celestial incurred a quarterly loss of approximately $12.5 million. Serenity believes that when evaluating hard tech companies in the early stages of commercialization, future revenue potential and customer certification progress are more worthy of attention than current quarter revenue and losses.

Loading...