The $2 Trillion SpaceX Story Might Be an Illusion

**SPEAKER_1** (0:00)
Talk about-

**SPEAKER_2** (0:00)
Straight as open, toll free, right?

**SPEAKER_1** (0:02)
SpaceX, SpaceX. Okay.

**SPEAKER_3** (0:07)
Yes.

**SPEAKER_1** (0:08)
The aftermath, we talked about it last week, as before, now we're in the aftermath phase. So it was up $20 today. IPO'd at $2.2 trillion, currently almost at $2.4 trillion. So just from a perspective standpoint, right?
It took the first trillion-dollar company, which was Nvidia, I believe.

**SPEAKER_3** (0:35)
Apple. Apple hit it first year.

**SPEAKER_1** (0:38)
From the inception of the stock market to a few years ago, almost 100 years, to reach a trillion dollars. And all of the trials and tribulations that had come with the stock market from the Great Recession, the Great Depression, 1999, 1984, all of these different things. And it took almost 100 years for one company to reach a trillion.
And Apple had been a publicly traded company for over 25 years when that actually happened. SpaceX, on his first day of a publicly traded company, became double, triple, almost that, right? Double platinum.
Double, two trillion. First day of trading, with $18 billion of revenue. What does it say about the market that we're in right now? And what is the long-term trajectory of SpaceX? Is it going to be $500 next year? Should you be shortening this stock because it's going to come down within the next six months? What should investors be looking for as far as price trajectory for SpaceX? What does it come in at $2 trillion say? $2 trillion with $18 billion of revenue, what does that say?

**SPEAKER_3** (1:57)
I think it shows the power of venture capital and private markets power with a one-of-a-kind CEO.
Is the valuation high? Yes, but that's the game that we're in. I remember when Airbnb was valued at, what it was valued at before it went public, and everyone had issues with it, and then it grew 10X from there. The pipeline from angel to venture, I think has become even more powerful than it has been. I think a lot of people in that space saw what Teal was able to do and they want to usurp him and be able to do the same thing.
As far as should you short it, I got this question a lot over the last few days. Even though I know the price is going to contract and come down within the next six months, I think it is a mistake to short the stock, especially these first four or five weeks.
You're going against Teal wins that are so strong. If you're shorting the stock, you're saying my $50,000 in options is worth more than the billions that are slushing in from funds, fund to funds, hedge funds, 401Ks, and it's not. Also, too, you got to look at the prospectus. I did a breakdown on this in Stock Club. But SpaceX is, and I said before that at some point, he's going to leave Tesla and this is going to be the company and Starlink that he focuses on. But if you look at what they said in the prospectus, the value or total addressable market is $26.5 trillion from AI. That's not Rockets, $760 billion in consumer subscriptions from Starlink and $600 billion in digital advertising. This is a Rocket company rapper. This is really an AI company. So if you, because even in how it went public, it's not classified in that same space the bone will be in, which I think is brilliant. You get the branding of Rocket Propulsion Lunar Economy, Orbit Economy, but it's really an AI company. Also, too, we have to remember, he wants his revenge from Sam Altman because I helped you organize over there at OpenAI. So this is his grand FU to Sam while destroying his career reputation. The valuation is high, but for the way that it's been planned, you have to give him credit. It's absolutely brilliant. It's been a lock up period and to make sure that the price doesn't flow down below a certain level. Can't argue with it. It's the environment that we're in right now.

**SPEAKER_1** (4:39)
So what's the price prediction?

**SPEAKER_3** (4:42)
If you want to know the price of where SpaceX will fall to, go to eninvest.com.
Please. Please. And then I'll tell you.
But will it go to $500? For sure. Will it have a deep pullback? For sure. But the mechanisms in which he will make sure that the price stays afloat these first three or four months is nefarious but brilliant.

**SPEAKER_2** (5:06)
Hopefully. It's a trillion dollar opportunity. I'll just be frank with you. It's a trillion dollar industry. And when you think about the AI components, and I've said this here plenty of times about Google's idea, really, to have data centers go out to space in terms of energy efficiency, in terms of cooling, in terms of space, like room that you have right here when we build data centers, it actually has to take up land, if in this space obviously in orbit. And they have a 90 percent market share.