SpaceX is now trading on NASDAQ as SPCX

[Yazata]

It was initially valued at $1.75 trillion and it's already up 20% in its first hours of trading. That puts its value at over $2 trillion and when Elon's share in SPCX is combined with his share of TSLA and his other companies, it definitely makes him history's very first trillionaire!

[C C]

It was initially valued at $1.75 trillion and it's already up 20% in its first hours of trading. That puts its value at over $2 trillion and when Elon's share in SPCX is combined with his share of TSLA and his other companies, it definitiely makes him history's very first trillionaire!

Hard to believe that circa 56 years ago the United States was pronounced the first country in history to have a GDP that exceeded a trillion dollars in value (relative to that era). Now a single individual has acquired that measurement.

[Yazata]

https://x.com/Nasdaq/status/2065520825457861057

https://x.com/SpaceX/status/2062489901007057075

https://x.com/INiallAnderson/status/2065383516272042397

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[Image: HKoDJ3qWcAAOJYH?format=jpg&name=small]

[Yazata]

There are parties all over SpaceX tonight. This is the SpaceX recovery team at Port Canaveral

[Image: HKppQ3mWIAAqZdC?format=jpg&name=small]

[Yazata]

French futurist intellectual Brivael Le Pogam just posted his opinion on SpaceX and it's kind of beautiful and memorable - This is a guy who understands Elon's vision and manages to capture what it is that has got me (and millions like me) so tremendously excited.

(Highlighting by me)

SpaceX closed its first day of trading at $2.1 trillion, +19%. Everyone’s looking at the number. No one’s looking at what it’s actually pricing.

Let me tell you what the market just bought, and why I think this company will be worth 30 to 50 trillion in 5 years.

First, the symbolism. This IPO is a referendum. On one side, 20 years of talk about degrowth, sobriety, redistribution, the end of history managed by committees. On the other, a man who said “I’m going to make humanity multiplanetary,” whom everyone treated like a clown, and who just created the largest publicly traded company in history starting from a warehouse in El Segundo. The market voted. Wokism had HR departments, SpaceX had rockets. The rockets won.

Next, the economic mechanics, because that’s where everyone’s getting it wrong. Analysts value SpaceX as a launch company plus Starlink. It’s like valuing the internet in 1995 based on the fax market. Starship doesn’t reduce the cost per kilo in orbit by 20%, it divides it by 100. And every time in history that an infrastructure cost has been divided by 100, it’s not the existing market that grows, it’s entire industries that are born. The cost of computation divided by 100 gave us the internet, the smartphone, AI. The cost of orbit divided by 100 will give us a complete space economy.

Let’s list what becomes profitable when the kilo in orbit costs the price of an airplane ticket. Orbital data centers, with continuous solar power and free cooling, right at the exact moment when AI is exploding terrestrial energy demand. Microgravity manufacturing of semiconductors, optical fibers, printed organs impossible to produce under gravity. Mass orbital tourism, then lunar hotels, which will go from fantasy to business plan exactly like luxury cruises in the 20th century. Point-to-point terrestrial transport, Paris to Tokyo in 40 minutes. The asteroid mining industry, where a single M-class body contains more metals than all humanity has extracted since the Neolithic. And Mars in sight, not as a tourist destination, but as the largest infrastructure project ever undertaken, with all that implies in demand for energy, materials, robotics, AI.

SpaceX won’t participate in these markets. SpaceX owns the entry toll to all these markets. It’s AWS, but for civilization. Apple is worth $3.5 trillion selling glass rectangles on a single planet. The first monopoly of access to an infinite frontier at 30 or 50 trillion in 5 years isn’t exuberance, it’s just simple arithmetic on the expansion of the addressable market.

And now, the part I like best. This future doesn’t need bureaucrats. There’s no advisory committee in orbit. No Théodule commission on Mars. Every dollar of this new economy will be created by engineers, technicians, welders, pilots, entrepreneurs. The norm-management graduates will have to learn a useful trade, and frankly, that’s excellent news for them too: building is infinitely more fun than controlling.

Because that’s the real signal today. For 50 years they’ve sold us a shrunken future: less energy, fewer children, less ambition, managing the decline cleanly. And then, all of a sudden, the world’s biggest financial asset is a bet on abundance, expansion, and adventure. Pessimism just went short on itself.

The future will be mega fun. There’ll be hotels with views of Earth, honeymoons in orbit, kids who’ll say “Dad, what was it like before reusable rockets” the way we say “what was it like before the internet.” And somewhere in the 2030s, a human will walk on Mars in a livestream in front of 5 billion people, and on that day no one will remember the name of a single one of its detractors.

Buy optimism. It’s still undervalued.

[Syne]

Aspirational is always better than envy.

[Zinjanthropos]

He may be rich but I still think it’s a Ponzi, very elaborate and apparently legal. Figure when SpaceX doesn’t live up to expectations that he’ll have some other idea to sell.

https://www.moomoo.com/community/feed/mu...4694661125

[Syne]

Uh, the largest, most powerful rocket ever launched to space is delivering on expectations. The company that spurred automakers to go electric delivered (no matter how you feel about EVs or Musk). You don't manage to build and sell many companies worth billions from not delivering.

[Zinjanthropos]

Uh, the largest, most powerful rocket ever launched to space is delivering on expectations. The company that spurred automakers to go electric delivered (no matter how you feel about EVs or Musk). You don't manage to build and sell many companies worth billions from not delivering.

When?… hasn’t happened yet but I’m confident it will. As recently as April 2025: Robotaxis will cover "half the population of the US" by the end of the year. Today, a grand total of 60 cars operating in 3 cities. Those Tesla taxis work real well as long as humans are driving them. Tesla still hasn’t reached level 4 for autonomous vehicles. Must be a human behind the wheel ready to respond should car not function safely. They could if they really wanted to simply deal with a company that has the real time operating system they need but Musk has consistently said no to this and instead says they’re building their own….this has been the case for many years and apparently has cost a few billion dollars if you want to believe him.

All that’s left is wait and see. Going to need heavily autonomous robots, ones that can operate on other worlds without humans directing every move. That would be level 5 autonomy, something no one has reached although there are rumours US military have a few trucks that operate this way. Trucks aren’t going to build you infrastructure on Mars or the moon by 2030. I’ll admit my error if that happens, no problem.

I think better off investing in a top robotics company. Still risky but robots are what has to happen first.

[Syne]

Who said anything about autonomous vehicles? We won't need autonomous robots until Mars, and a permanent moon base is happening first. You're not getting the payload necessary for robots to build any infrastructure without the heavy launch capabilities that SpaceX has already demonstrated. Robots are no good if you can't get them and building materials up there.

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