Neil Freiman

SpaceX is totally worthy of its $1.7, $1.8 trillion valuation.

And that case is, let's just believe in Elon and let's hope he replicates the Tesla story.

So

16 years ago, Tesla went public.

If you bought $1,000 worth of Tesla shares back in 2010 when it went public, your stake would be worth $400,000 today.

Tesla right now has a valuation that's larger than the next 30 largest car makers combined, despite being ranked 12th in US sales.

So you just make a bet on Elon Musk as an entrepreneur, as a visionary, and hope he can basically do what he did to SpaceX with, or do what he did to Tesla with SpaceX, right?

Now, a lot of people are going to get rich from this.

It's the biggest IPO in history.

And one person who is going to get very rich from this is, of course, Elon Musk, who owns about 42% of SpaceX common stock.

Right now, so at the current price, $135 a share, Elon Musk's net worth is worth, according to Bloomberg Billionaires Index, about $970 billion.

That's a lot.

I just kind of skated over that.

He's worth $970 billion.

If SpaceX shares pop on the first day, as perhaps they are expected to, then he will become the first trillionaire the world has ever seen.

And the Wall Street Journal did this interesting piece saying, do you even know what a trillion is?

It's a thousand billions.

Your mind can't really comprehend it.

So a million seconds ago was two weeks ago, okay?

A billion seconds ago was 1994.