Nick Martell
👤 SpeakerAppearances Over Time
Podcast Appearances
Get this bestie, 75 bill, that would be bigger than all the IPOs in eight of the last 10 years.
That is insane.
And it helps Elon target a $1.75 trillion valuation for the entire SpaceX company.
If Elon succeeds with the IPO at that valuation,
then SpaceX would be worth more than Meta.
And yet Meta, Zuck's baby, makes 13 times as much revenue and eight times as much profit as SpaceX does.
So why would SpaceX be worth more than Meta when it is dwarfed in both revenue and profitability compared to Meta?
Well, because it doesn't matter.
SpaceX is shooting for the moon, literally.
Actually, Mars, right, Jack?
There's nothing guaranteed in finance except this, Nick.
The stock price of SpaceX will be as intergalactic as the business model.
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?