Sim
speaker
992 appearances
4 recordings
1 series
first heard Apr 2026
last heard 8 Jun
Sim’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 4 in all, peaking in May 2026 with 2.
Appearances
Where is that going?
What's going on?
we're busy with other things.
Life, life is getting busy.
Some of us have kids.
Some of us are trying to like get to grad school.
Some of us are just like day-to-day slogging in our jobs or in our businesses.
Like there are more important things going on.
And saying that, SpaceX has decided that
that they are going to have an IPO or a initial public offering on the 12th of June, 2026.
And they are going to issue what is considered a small number of shares, but what is also a large valuation.
And so what I mean by that is SpaceX is going to issue
4.3% of its entire valuation.
But the thing to note is that its entire valuation is $1.75 trillion.
And so as a result, they are gonna issue 75 billion, not even million, $75 billion worth of shares to retail investors on their IPO.
And as a result, they want to make $75 billion to continue to fund the growth of SpaceX.
Essentially, for investors that have been in the market for a while or understand the jargon behind it, this is quite a small float.
A float is just a jargon term of saying how much of the company's entire shares are available for the retail market.
So 4.3% is not a lot.
However, the issue that people have is not necessarily just the size of the float, but the fact that some of the index funds rules of funds that we have come to know and love like the NASDAQ 100 and the S&P 500 and a couple of other S&P indices are going to possibly change just before the IPO happens.
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