everyone is arguing whether spacex at $2 trillion is too expensive, almost nobody noticed what actually changed since 1980 apple went public at under $2 billion and 15 times revenue back then spacex wants you to buy at nearly $2 trillion and 100 times revenue now but the real... story is not the price, it is that the entire nature of an IPO changed underneath us in 1980 you bought a business and hoped for a vision, in 2026 you buy the vision and hope for the business almost nobody buying this IPO on june 12 will read the 300 page document to understand which one they are actually getting i fed both filings to Claude and had it find the five differences that explain the whole shift that understanding is the edge most retail will never bother to getshow more

This is the wrong comparison. Should be compared to Amazon which went public with a loss on the books. They continued losses for years after that. Investors stuck with them because they saw the future. They were right, I was wrong. SpaceX IPO is about the future and they are the ONLY company/Director (Musk) that understands that future. The only risk is Musk’s health/longevity.

If SpaceX reaches Mars nobody will regret their investment

People should not be asking whether they want to own a "piece" of SpaceX for the company and Elon's vision of the future. (which I am super excited about and fully support and DO want to own) It should be whether owning that PIECE at IPO pricing/extreme valuation is the financially smart/logical choice over waiting for a better opportunity to get in once the initial volatility subsides and the initial "hype" has died down. (and that hype WILL die down) Hey, I own TSLA, and its valuation is EXCESSIVE relative to many shares. But SpaceX's IPO valuation is already BEYOND this (record high), and people expect it to double/triple in no time. It's one thing to be emotionally attached to the company's vision (I am, too), but another to use that emotion to make a financial decision. No different to those holding those bitcoins with diamond hands. (which I am super bullish about its future...but I don't hold forever)

exactly, the vision is real, the price is the question

Space x does more launches than the rest of the world combined… yeah there is no business there.

I’m not disagreeing necessarily, but my counter view would be to look at it like 1980 to Apple would be like Space X going public in 2010. Imagine if Apple went public in 2007. They had prototyped the iPhone, we’ve seen it work, but it wasn’t making money yet. Jobs vision was much bigger than anyone else could even fathom.

solid point, the stage matters as much as the year

Imagine buying stocks on fictional criteria like “earnings” and not based on vibes. ngmi

vibes have been undefeated since 2020 honestly

Sorry smart Asian man…it’s got space completely cornered. No other company can do what it does. Yes it’s worth it.

Another genius who either doesn't understand FUTURE revenue potential and TAM, or he's just being a moron for clicks.

Sort of Ironic Claude from Anthropic talking about SpaceXAI selling hype, and markets.

I will say this, you are buying the future. In 10 years people watch these videos and laugh at those who did not by even 10k when they could. Imagine buying Bitcoin at .07

Here's one of the best takes on the ipo by Patrick Boyle. In short, stay away from spacex, but watch the video anyway because it's great...

Really stupid for betting against @elonmusk

Apple didn’t build reusable rockets and AI weapons targeting systems in space.

That's a fascinating observation. For most of the 20th century, public markets funded growth. Today, private markets fund growth and public markets often provide liquidity. The question is no longer "Is this company profitable?" It's "How much of the future is already priced in?"

You don’t aim at where the target is .. you aim at where it will be

This guy is explaining the usual Elon textbook rug. He’s not wrong.

Wrong. None of the analysts have ever watched a StarShip launch. A flying stainless steel skyscraper. SpaceX will be a $10 trillion company in two years.

My prediction- it rises but also when hype settles, crashes hard. There will be lot of bag holders.

I’ve been saying this about SpaceX especially. The market long stopped rewarding performance and fundamentals and started rewarding “vibes”. I believe this was due to the .com era where valuations skyrocketed and early investors used IPOs as a way out. Retail seeing the glamour abandoned fundamentals and the market became even more irrational.

Who is this Asian guy? He seems to know everything. Also, why is he always sitting at this desk?

Investing in SpaceX is investing in Elon and his vision for the future of our civilization. Valuation is one thing; cutting-edge technology and a unique position in the space industry is another. By the way, if you are a long-term investor and not a trader, there is nothing here to stop you from buying SpaceX at its IPO.

How much has SpaceX’s future value changed since Blue Origin lost their launch pad?

You know Claude is not design to make “vision investments “ right? I asked Claude? Is like the same thing as I looked at the wall while talking to myself and I decided …

You can argue this all you want but this is a 10 year stock and Tesla shareholders will no doubt be integrated into it just as Solar City was integrated into Tesla. Who is going to doubt Elon’s space race footprint. Once SpaceX reaches Mars or wherever who is exploring and establishing camp? Tesla Optimus robots, how are they communicating? SpaceX’s sattelite internet Starlink. The speed of inflation is making the word trillion sound as common as billion.

Just buy a little if you believe it’s a great business. If it goes down, you can accumulate more

Never bet against Elon

I really appreciate your breakdown on the multiples relative to other large companies. Everything you said makes complete sense thank you. The only aspect not covered is the Elon Musk effect.

sit down Mr bitter boomer, you summoned Claude to read a prospectus and you thought you exposed the matrix? 😂 Some people invest in the future, not just excel tabs ,

Will be 5T in 5 years

You don’t see before you buying the stock.Anyway everything in the stock market is a speculation

THIS!!! But if everyone else believes differently I miss out on making some money. I’ve decided to invest a little and consider it a donation for space exploration. If I profit, great. If not: Musk is the only person on Earth shaping a future I imagined as a kid

I fed both filings to Claude” - Imagine analyzing a multi-trillion dollar aerospace monopoly that controls global orbital infrastructure, national defense payloads, and a constellation of 6,000+ satellites using a 5-minute prompt summaryl. No wonder retail gets wrecked. Claude can find text differences, but it can't price a Mars colonization bottleneck lol

If you used solely yesterday profit to evulate a company, are you implying the company will stay the same revenue forever?

$RKLB, still losing money, but good investment!

Yes too expensive but demand at this price means it may not be available lower. If that ratio gradually comes down, the earlier buyers will be justified. Will it come down? Early buyers are betting it does. Having said that confidence can wax & wane. Volatility is likely.