Nick Martell

Yeah.

And they can't tweet them either.

So the SEC has naturally sued Elon for both those things.

But Elon needs $75 billion, no big deal, to

put data centers into space, no big deal.

So Elon is plugging his nose and IPOing SpaceX this summer.

Our guess, he's going to downsize the issuance amount to $69 billion.

Why would he do that?

For the lols.

But since it's confidential, besties, Jack and I can't jump in T-boy style to the S1 IPO document that bears it all.

But when that paperwork does come, it'll be the first S1 ever with a poop emoji, we're pretty sure.

Yes, it will, and we'll be covering it when we have it.

But we can tell you now that the company, SpaceX, includes a rocket launch monopoly and a very profitable space internet business.

Plus, Jack, it includes an incredibly unprofitable social network and an AI company, X and XAI.

And we do know a lot more about SpaceX based on the leaks from PFWTMs, people familiar with the matter, who have been reporting it to financial journalists for the last few years.

We know enough to tell you that this will be the biggest, most important, and most unusual IPO of all time.

Because it's literally based on constellations.

To sprinkle on some context, the richest man in the world wants his second IPO to be the biggest in Wall Street history.

Elon's reportedly trying to sell 75 billion bucks of brand new SpaceX stock on the NASDAQ stock exchange.

And he's going to offer 30% of the 100 million new SpaceX shares to retail investors.