"Elon Musk's powerhouse is eyeing a June public debut under the ticker SPC-X."
Predictions closed
For informational purposes only. Not investment, financial, legal or tax advice. Full disclaimer
… SpaceX. Right now, it's tracking toward becoming the largest IPO in history. Good job, Elon. You'll become a trillionaire. But, the underlying math should terrify traditional value [music] investors. You see, Elon Musk's powerhouse is eyeing a June public debut under the ticker SPC-X. Wall Street is in an absolute [music] frenzy with this one, framing this alongside OpenAI and Anthropic as the ultimate future tech play, complete with orbital data centers, Mars ambitions. It's SpaceX, ma'am. But, look past [music] the hype at the actual route implied market cap gives SpaceX a price-to-earnings ratio of roughly 600 or higher. Tha …