SpaceX: Mega IPO

Facebook holds the IPO record with an $81B market cap. 𝗦𝗽𝗮𝗰𝗲𝗫 𝗰𝗼𝘂𝗹𝗱 𝗴𝗼 𝗽𝘂𝗯𝗹𝗶𝗰 𝗮𝘁 𝗻𝗲𝗮𝗿𝗹𝘆 𝟮𝟬× 𝘁𝗵𝗮𝘁 𝘀𝗶𝘇𝗲. IPOs at this scale are nearly a new asset class. And history hasn’t always been kind to large launches: ✅ 36 US companies have gone public at $15B+ market caps ✅ Only 9 beat the S&P 500 from their first-day closing price ✅ Just 17 generated any positive return at all Since 1980, companies with at least $100 million in revenue trading at 40× revenue or more saw an average 3-year decline of 45%. 𝗦𝗽𝗮𝗰𝗲𝗫'𝘀 𝗲𝘀𝘁𝗶𝗺𝗮𝘁𝗲𝗱 $𝟭.𝟴𝗧 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗮𝗽 𝘄𝗼𝘂𝗹𝗱 𝘃𝗮𝗹𝘂𝗲 𝗶𝘁 𝗮𝘁 𝟵𝟯× 𝗿𝗲𝘃𝗲𝗻𝘂𝗲. What they have accomplished is extraordinary – reusable rockets, dominant orbital launch economics, a satellite internet business that covers the globe – it’s fascinating. As for the future, Musk promises "orbital AI" when data center developers are desperate for power and land. And for more than 20 years it’s been out of reach for most investors. Is it the perfect recipe for FOMO buying? 𝘚𝘰𝘶𝘳𝘤𝘦𝘴: 𝘞𝘚𝘑 𝘢𝘯𝘥 𝘉𝘢𝘳𝘳𝘰𝘯'𝘴 ~~~ Excellence is built on fundamentals. ASimpleModel.com #spacex #investing #finance #short