June 12 will be the SpaceX IPO on Nasdaq SPCX the market cap in my opinion
will exceed 2.4 trillion by end of day. Nvidia is at 5.2 trillion and the most valuable company on the planet. SPCX initial offering will be around $105.32 but I suspect they will get gobbled up quick and you might be lucky to buy a share under $200 and $250 will be more likely. At that valuation price to earnings will be around 150X which is crazy and I thought 72X was crazy. They launch satellites and sell Star Link internet ......ok. Within 1 to 2 years the stock price should fall and maybe even be at a good price but I doubt it. Still I might buy two shares for my daughters tell them in 100 years it is going to worth some money once we start harvesting precious metals from asteroids and building space stations on Mars so they can leave to their grand children. Vampires have all the luck.
Posted: 05/26/2026 at 11:34 AM ET
Thread Replies (2)
June 12 will be the SpaceX IPO on Nasdaq SPCX the market cap in my opinion
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-- jdkhokie
May 26, 2026 at 11:34 AM ET
jdkhokie
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05/26/26 11:34 AM ET
I have to believe, Tesla will be rolled into this thing eventually but its
-- VT Pez4Life
May 26, 2026 at 12:23 PM ET
VT Pez4Life
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05/26/26 12:23 PM ET