$SPCX just pulled off the largest IPO in history
$75B raised
$1.77T valuation
Demand exceeded supply by more than 4x
For comparison, the Saudi Aramco IPO raised $25.6B
Elon alone now holds a stake worth roughly $866B
pushing his total net worth beyond the $1T mark
The crazy part?
While retail is rushing to get exposure, Arthur Hayes is calling SpaceX
Anthropic and OpenAI the three mega-IPOs that could eventually pop the tech bubble and drag risk assets lower
Everyone is celebrating today
The real question is whether this marks the beginning of a new era…
or the peak of one
$75B raised
$1.77T valuation
Demand exceeded supply by more than 4x
For comparison, the Saudi Aramco IPO raised $25.6B
Elon alone now holds a stake worth roughly $866B
pushing his total net worth beyond the $1T mark
The crazy part?
While retail is rushing to get exposure, Arthur Hayes is calling SpaceX
Anthropic and OpenAI the three mega-IPOs that could eventually pop the tech bubble and drag risk assets lower
Everyone is celebrating today
The real question is whether this marks the beginning of a new era…
or the peak of one