Nick Martell
👤 SpeakerAppearances Over Time
Podcast Appearances
Speaking of which, can we talk about the date proposed for this IPO, please?
Elon has publicly said he wants to IPO on June 8th, the day that Venus aligns with Jupiter in the skies.
Yeah, that's right, because according to Goldman Sachs' horoscope, you should go public when Mercury is in retrograde.
That's why we're calling SpaceX's IPO a UFO.
A unique financial offering.
So Jack, what's the takeaway for our Zodiac buddies over at SpaceX?
Just like with Tesla, SpaceX will break Wall Street's stock price calculator.
So Yetis, who's interested in buying SpaceX stock?
Well, the core group is fans and believers of Elon Musk.
I am already getting texts from guys I grew up with asking how they can buy SpaceX stock.
Nick, these guys have no interest in the stock market except when it comes to Elon's companies.
It's an amazing range.
And that's why, just like with Tesla, the stock of SpaceX will be insanely high relative to the actual profits.
Because the true believers, they don't care if Wall Street says it's overvalued.
The true believers, they're not just investors, they're fan investors.
They're playing a fan premium and giving this thing a fan multiple.
They believe that Elon Musk will get them rich because he's done it twice before.
That's right.
Elon's already rewarded early shareholders of Tesla with enormous riches.
And he rewarded those who helped him acquire Twitter with riches too, by giving them SpaceX stock when they merged the two companies.