Description
It's a historic day for financial markets as SpaceX is set to IPO at $1.75T. Despite trading at nearly 100X current price/sales, I believe SpaceX's valuation may look very cheap in the long run. The company's revenue is set to explode thanks to cloud computing deals with Google and Anthropic. The Cursor acquisition will only accelerate growth. SpaceX has also found 2 applications to monetize it's launch business ... connectivity with Starlink and AI satellites. These independently could be multi-trillion dollar businesses. Then what comes next? Maybe asteroid mining. Owning a piece of SpaceX is owning the frontier technology leader in Space and AI. SpaceX is building the future and deserves to be the biggest IPO in history! I plan to hold as many of my $SPCX shares as I can for decades to come.
Disclaimer: I'm an investor in SpaceX. Nothing I say on the show is financial advice. Always do you own research.