🚀 The IPO Elon swore would never happen is here. #space #code #tech

For a decade the line was the same: no SpaceX IPO until Mars. Then the S-1 hit on May 20. SpaceX is targeting ~$75B at a $1.75T valuation under ticker SPCX, trading on Nasdaq around June 12 — nearly 3× Saudi Aramco's 2019 record and a top-10 company on Earth day one. The kicker: ~94× trailing sales vs Nvidia's ~25×. Starlink alone is a $15B run-rate. You're not pricing the rockets — you're pricing the future of space.

Full thesis → convictioninvest.com

Sources: SpaceX S-1 (SEC EDGAR) · Reuters · CNBC
#SpaceX #IPO #Starlink #ElonMusk #SPCX #StockMarket #Investing #Shorts

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