Neil Freiman

Like when you go into a grocery store, usually my perception of it, the produce is to the left and this is just where the grocery store wants you to go.

But I don't know if that is a symptom or a cause of our counterclockwise motion.

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The most anticipated IPO in market history is here.

No, it's totally appropriate.

You can throw every superlative out there.

The SpaceX IPO deserves it.

Wall Street has never seen anything like this.

It's completely breaking people's brains who've been in this industry for decades.

Here's the big question.

Is this the real life or is this just Elon's fantasy?

And there are arguments for both.

Let's start for the bull case.

This is going to pop today.

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.