SpaceX $75B IPO Valued at $1.77T

While LinkedIn is flooded with "good" news of SpaceX #IPO, South Texas is suing Musk to block him from taking over a #WildlifeRefuge in the Rio Grande Valley. And, residents who live close to spaceX have reported hearing - and feeling like - bombs exploding right outside of their homes. Walls shaking, and noise pollution. This IPO is not a historic event. On the contrary, it is bad news for the #climate, #WildLife and the Rio Grande Valley #community. https://lnkd.in/gGbZw7YA #LandGrab #Pollution #ClimateCrisis #Environment

Volatility is only increasing. How long will this go on for? Anyone without a crystal ball doesn’t have the answer to that question. Still, there is something fishy about tech in stock markets: Nasdaq vol is much higher than normal vs the S&P 500. Has this been the institutional annoyance about the incredibly expensive Space X IPO that was so loved by retail investors? Maybe. Volatility in the tech-related Nasdaq index (the unpredictable fluctuations of the index price over time) has been MUCH higher than normal vs the S&P 500. Has this been the institutional annoyance about the incredibly expensive Space X IPO that is so much loved by retail investors? Incidentally, it looks as though SpaceX has started its descent before reaching its intended orbit – not exactly reassuring for a company that sends rockets into space. 👉 Join the discussion and sign up for Pantar.ai free weekly newsletter. Link in the comments section 👇 #AI #AgenticInvesting #AdaptiveInvesting #AssetsManagement

SpaceX's record-breaking IPO is unlike anything the financial world has seen before. It’s blown past the biggest mega-IPOs of the past, and made CEO Elon Musk the world's first trillionaire in its wake. Yet the story runs much deeper than the numbers that are making the headlines - especially for investors who are eager to cash in on the hype. In a commentary published in The Business Times last week, our Head of Wealth Advisory, Chez Anbu, CAIA, CFA, shared why it's important not to take SpaceX's trillion-dollar IPO at face value, while bringing to attention other factors that should be remembered and considered instead - such as the company's free float. He also examines how SpaceX’s public listing could impact investors with exposure to major indices, and outlines how they can participate in the broader investment opportunity with measured prudence. Read on: https://lnkd.in/dcwGu223

{Markets Edge — M&A, Private Credit, and the Executive Tape} ◆ DIAMOND · Capital Markets · SpaceX SpaceX IPO priced; xAI acquisition valued at $250B total — and the read is structural, not cyclical. Musk fixed the IPO price before the market opened. Wall Street's pricing machinery became decorative. The xAI number is so large it obscures what actually happened: PE exits dropped to $100 billion in Q2. One founder's exit velocity should not read as market health. The read: Retail access to SpaceX shares via Schwab, Fidelity, and Robinhood signals the underwriter consortium accepted concentrated demand. The real signal is that corporate acquirers, not PE firms, are now doing the buying. What I'm watching: Watch whether SpaceX's post-IPO insider selling unlocks in Q3. The xAI deal structure—whether equity or cash—will reveal how much dry powder Musk actually holds. CNBC reported: https://lnkd.in/dCvPCsq8 → Full analysis: https://lnkd.in/gUqFQehw Daily brief in your inbox: fending.substack.com → STEP up your corporate brand · See your line items priced to RETIRE the competition → https://lnkd.in/eT3xvxBK 勝 RAMEN · Hako Shikin's sports prediction AI · ahead of every book · free → https://lnkd.in/eGxyCAZp #MarketsEdge #MarketsIntelligence #spacex #ipo #capitalmarkets

Everyone on LinkedIn is celebrating the SpaceX IPO. The numbers tell a different story. 72 hours after the biggest IPO in history, I pulled the actual data. Here’s what the hype is skipping: → SpaceX trades at 125× sales → Independent fair value: $600–800B. Market cap: $2.33 trillion → The company lost $4.9B last year → xAI alone burns $6.36B a year — Starlink’s profits are quietly subsidizing it → Musk controls 79% of the votes. Public shareholders are passengers → It has 2 days of trading history. There’s nothing to backtest Risk score: 41/100. High risk. Not “SpaceX is bad” — it’s a generational company. But at THIS price, you’re paying 2026 for results that might arrive in 2036. If they arrive. Here’s the part that surprised me most 👇 I didn’t build this in a terminal. I didn’t pay for Capital IQ. I didn’t hire an analyst. I gave Claude AI one prompt — and it produced this full 2-page risk dashboard in under 2 minutes. Risk gauge, price chart, segment breakdown, catalysts vs risks, verdict. The whole thing. (Video of the live build below 🎥) The terminal that does this costs more per year than most cars. — 👇 Want the exact prompt to run this on ANY stock? Comment stock or the stock name — TSLA, NVDA, ARAMCO, ENGRO, OGDC, anything — and I’ll send it to you. Works on any exchange: Nasdaq, PSX, Tadawul, LSE. ♻️ Repost to save someone from buying the hype at the top. #SpaceXIPO #SPCX #StockMarket #ClaudeAI #InvestmentAnalysis #AIinFinance #Nasdaq

Claude AI just built a full investment risk report for SpaceX — 3 days after the biggest IPO in history. No Bloomberg. No Capital IQ. No $25K terminal subscription. Just one prompt. And it produced a 2-page institutional-grade risk dashboard that most analyst desks charge clients thousands for: 📊 Risk score gauge → 41/100 (High Risk — yes, even SpaceX) 📈 Price timeline from pre-IPO marks → $135 listing → $178 today 💰 KPI strip → P/S at 125×, EPS negative, Starlink at 10.3M subs 🟢 Starlink operating at 39% margin = profit engine 🔴 xAI burning $6.36B/year = cash sink 📋 Segment breakdown: Starlink vs Space vs AI — who pays for whom ⚖️ 6 catalysts vs 6 risks — side by side ✅ Final verdict: Speculative Hold The most interesting part? It correctly flagged things most retail investors are missing: → Musk holds 79% voting control — you're a passenger → Independent fair value is $600–800B — stock trades at $2.33T → xAI is subsidized by Starlink profits — it's dragging the group into a net loss → Only 2 days of trading history — no real data to backtest anything This is what AI does for investors in 2026. It doesn't tell you what to buy. It gives you the 360° picture in 2 minutes that used to take a team of 3 analysts an entire week. Your judgment stays yours. The grunt work disappears. — 👇 Want the exact Claude prompt to build this for ANY stock? Drop "SPCX" in the comments. I'll send you the prompt — works for Tesla, NVIDIA, Apple, Aramco, PSX stocks, Gulf-listed companies — any publicly traded stock on any exchange. One prompt. Full report. Every time. 🎯 ♻️ Repost this if someone in your network still pays for a terminal just to get what one AI prompt now delivers. #SpaceXIPO #SPCX #ClaudeAI #InvestmentAnalysis #StockMarket #AIinFinance #FinanceAutomation #Nasdaq #Starlink #SpaceX

The Greatest Show on Earth Just Moved to Space.💨 ▪️On Friday, June 12, 2026, the global financial landscape changed forever. ▫️SpaceX officially made its historic debut on the Nasdaq.This isn't just an IPO; it’s an absolute rewriting of the Wall Street playbook. ▪️Priced at $135/share, it debuted at a valuation of $1.77 Trillion, making it the largest stock market launch in human history. ▫️Broke records by raising $75 Billion in pure growth capital—zero "Offer For Sale" (OFS) dilution from existing owners. ♟️Why are investors treating a capital-intensive aerospace company like a hyper-growth tech stock? Because it is one. 1️⃣Starlink Cash Cow: Selling global internet access provides the sticky, recurring SaaS-like revenue that Wall Street drools over. 2️⃣The xAI Factor: SpaceX absorbed Elon Musk's AI startup, xAI. The massive capital raise is heavily geared toward building orbital data centers. It is officially trading on AI-infrastructure sentiments. The listing officially crowns Elon Musk as the world's first-ever paper trillionaire.💸 NOTE:-⚠️ SpaceX is still burning colossal amounts of cash, has no formal path to traditional profitability yet, and is completely bound to the execution risk of one man who holds 85% of the voting shares. Analysts are already bracing for extreme, crypto-like volatility in the coming weeks. We are watching a structural shift where the stock market is no longer just bound to Earth's GDP—it's pricing in the future of the cosmos and AI combined. What’s your take? #SpaceXIPO #Finance #Investment #StockMarket #SPCX #Valuations #SpaceTech #AI #investment #nasdaq #USequity #shares #financial_management #valuation #ratios #IPO #ElonMusk #Tesla

I don’t normally comment much on public markets, but for SpaceX I’ll make an exception. After all, the company’s IPO last Friday is top of mind for every investor. It’s also a perfect illustration of what the stock market looks like nowadays. SpaceX’s total addressable market is overwhelmingly weighted towards the AI business. And given the company’s valuation, the stock is clearly being driven by its TAM, not by last year’s revenue. One could make a similar argument for the stock market as a whole. Companies at the forefront of AI now account for a sizeable share of the S&P 500, especially when looking at metrics like earnings growth and shareholder returns. And even though SpaceX won’t be part of the S&P 500 any time soon, the stock market in many ways has turned into one big bet on AI. When making the case for Private Markets, I often say it’s one of the few places you can get real diversification. SpaceX’s IPO only makes that case stronger. You can read more in this week’s Beyond The Exchange newsletter.

Last Thursday SpaceX listed on NASDAQ at a US$1.77 trillion valuation - the largest IPO in history. Morningstar's published fair value for the same business is approximately US$780 billion. Two credible analytical perspectives, same company, differing by more than a factor of two. So, how should AI businesses be valued? How should reasonable expert valuers handle the genuine uncertainty in this sector? And what should lawyers instructing experts in AI valuation disputes look for in the analysis they receive? In my new paper, I provide my thoughts on some of these issues. Thank you Aswath Damodaran for giving me your time and insight which has been invaluable. You can find the full article here: https://lnkd.in/eVnSutKF

DealMakers | Capital Markets Insight SpaceX's First Week as a Public Company : What a Swing From $135 to $225 to $175 Actually Tells You SpaceX priced at $135 per share on June 11. It opened its first day of trading up 19%, closing at $160.95. By June 16, it had climbed to an all-time high of $225.64. By Thursday's close it had fallen back to $174.90. In five trading sessions, the stock moved through a 67% range. That is not a verdict on SpaceX. It is a verdict on price discovery at a scale public markets have never had to perform before. A $1.75 trillion valuation, the largest in IPO history, means there is no comparable trading history to anchor expectations. Institutional investors who built positions through the roadshow had a fixed price of $135 to underwrite. Retail investors who piled in after the 19% first day pop were underwriting a very different number. By the time the stock touched $225, it was trading near 100 times sales, a multiple that assumes years of flawless execution on Starship commercialisation and the AI computing buildout layered onto Starlink. That assumption did not survive a week of scrutiny. The fundamentals underneath the swing are genuinely strong. Full year 2025 revenue reached approximately $18.7 billion, up nearly a third year over year. Starlink remains the only consistently profitable segment, now past 9 million subscribers. But the company also posted a net loss of $4.28 billion last quarter. A business growing this fast while burning this much capital is exactly the kind of asset that gets repriced violently in both directions until the market settles on what multiple the growth actually deserves. This is also a thin float problem. A large share of SpaceX's stock remains locked up, concentrated among insiders and pre-IPO investors. With limited shares actually trading, even moderate shifts in retail sentiment produce outsized price moves. That mechanical effect explains as much of the 67% range as any change in the fundamental investment case. For OpenAI and Anthropic, both targeting listings later this year, the lesson is specific. A strong first day pop does not mean a stable trading range. The real test of a mega-listing is not opening day. It is the first month, when speculative positioning unwinds and the market is left pricing the business on its own terms. SpaceX's first week was loud. The next earnings report on August 6 will be quieter and considerably more revealing. At DealMakers, we track how mega-listings behave once the roadshow ends, because the opening trade is rarely the price that matters. #CapitalMarkets #IPO #SpaceX #PublicMarkets #DealMakers