$2 Trillion for a Company That Loses Money on Purpose
The SpaceX initial public offering scheduled for June 2026. The company is reportedly targeting a fixed share price of $135, aiming for a historic $1.75 trillion valuation while raising approximately $75 billion. Major brokerages like Robinhood, SoFi, and Fidelity detail their specific participation requirements, such as account minimums and policies regarding share flipping. The articles also highlight significant investment risks, including the company's high capital expenditures and the potential for a short squeeze on index funds due to a limited public float. Additionally, the texts…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.