Send us Fan Mail

The SpaceX IPO is the biggest in history, and the price tag makes no sense.
Here is the trillionaire maths before SPCX trades.

SpaceX is listing at around 1.77 trillion dollars, the largest IPO ever and seventh by market cap on day one. The problem: that is roughly 100 times its revenue, only Starlink actually turns a profit, and Elon Musk keeps about 85 percent voting control through a separate share class. 

We get into whether this is a genuine moonshot or just another AI-era share grab, and why your index fund might be buying it for you whether you like it or not.

00:00 The first trillionaire
00:50 A 1.77 trillion price tag
02:30 Only Starlink makes money
04:00 How Musk keeps control
05:30 The AI bubble and the dip

#SpaceXIPO #SPCX #ElonMusk

Subscribe to our channel on YouTube

Check out our website at temporallyscripted.com

Follow us on X, too!