Matt Wachsum from Bloomberg Intelligence discusses the SpaceX IPO, noting over $100 billion of retail demand and prediction markets pointing to 30-35% upside. He highlights the importance of the next Starship launch and potential merger with Tesla.
Over $100 billion of retail demand suggests upside; prediction markets, futures, and crypto markets point to 30-35% upside. Elon Musk could become the first trillionaire on paper.
Path ahead for Elon Musk and SpaceX?
Francine Lacqua
Matt Wachsum
Near-term focus is on the next Starship launch (late June/early July). Beyond that, there is speculation about a merger between SpaceX and Tesla within the next 12 months.
They are already tied by TerraFab, a new chip joint venture.
