13/06/2026
Elon bought for $44 billion, folding it into his AI company, which later acquired via stock. This converted Twitter investors into SpaceX shareholders.
SpaceX targeted a $1.75 trillion IPO valuation (56× revenue, 109× EBITDA), exceeding Tesla (12× revenue) and Amazon (18× EBITDA).
reportedly considered shortening the IPO seasoning period to 15 days and adding SpaceX to the NASDAQ-100 shortly after listing. This would force index funds and retirement accounts to buy SpaceX shares, potentially driving demand and boosting the stock price.
Under the proposed structure, early could sell after the first quarterly earnings report (expected around September following a June IPO), allowing earlier cash-outs than traditional lockup periods.
Critics argue this creates a "pump-and-dump" dynamic: passive funds are forced to buy at elevated prices while early shareholders gain an opportunity to shortly afterward. 🤔