SpaceX IPO will make Musk a Trillionaire

It seems he’s moved on from automobiles.

https://www.nytimes.com/2026/04/01/technology/spacex-ipo-elon-musk.html?unlocked_article_code=1.XlA.5brW.x6iJKgpCmvi-&smid=url-share

intercst

Obviously, you can’t drive an EV to the Moon or to Mars! :mushroom:

The ETs are waiting for him to fix their transport systems. :innocent:

The Captain

I’m enjoying seeing SpaceX give the moribund old defense contractors a good whipping. About time. Starlink is incredibly lucrative, I think that’s where the real money is going to be made, not actually launching rockets.

However, I’m skeptical it is a good investment at the reported prices. Google IPO’ed at P/S ratio of 15. SpaceX will reportedly IPO at a P/S of 110. At the time of IPO, Google’s revenues were increasing at 110%/year vs. about 20% for SpaceX.

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