Quick Read – Facebook IPO Failed – Is xAI Worth Anything? – Who Will Compete With SpaceX In The Rocket Business – The analyst who called NVIDIA in 2010 just named his top 10 stocks and Amazon wasn’t one of them.
Rumors are largely gone. Insiders have leaked that the SpaceX IPO trigger will get pulled on June 12. Elon Musk’s company will try to raise $80 billion at a valuation north of $1.75 tillion.
Some speculate that the figure will be closer to $2 trillion, making it as valuable as Tesla (NASDAQ: TSLA). No one knows whether the share price will go up or down. IPO prices have been known to increase by 50% on the first day of trading.