SpaceX will IPO in June 2026. It is expected to raise $75 billion and have a target valuation of about $1.75 trillion. Here's my take:
- Other space related stocks: SPCE, ASTS, RKLB, etc. are rising with this IPO
- Muskman may become the first trillionaire if he achieves certain criteria.
- Other Muskman stocks and investments (TSLA, xAI) will probably benefit.
I expect there will be high volatility for a few weeks. I plan to hold TSLA, but not take positions in SPCX nor the other space related stocks.
Disclosure: We own shares of TSLA.
This is not financial advice. Please consult a professional advisor.
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