This Is The Craziest IPO Ever

Why It Matters

The IPO would create a mega-cap public vehicle that packages diverse high-growth bets and concentrated founder control, forcing investors to weigh speculative optionality and blockbuster valuation against weak current earnings and contract risk. Market reception will test whether investors pay a steep premium for Elon Musk-led vision and contingent future cash flows.

Summary

SpaceX filed for an IPO under ticker SPCX targeting a June listing and an initial market valuation around $1.5 trillion despite trailing-12-months revenue of $18.7 billion and a $4.9 billion loss. The S-1 highlights sprawling optionality—from Starlink satellite internet and planned direct-to-cell service to rocket launches, AI compute rentals and X/AI assets—that underpins investor enthusiasm and an implied ~80x price-to-sales multiple. A headline Anthropic deal to rent SpaceX compute capacity is described at $1.25 billion per month but is cancellable with 90 days’ notice, undercutting its long-term revenue certainty. The filing also cements Elon Musk’s control via supervoting shares and a $1 billion-plus incentive package tied to extreme milestones, including establishing a million-person Mars colony and orbital data centers.

Original Description

Join Qualtrim, the stock analysis platform I built and use, and join over 13,000 other paying members: https://www.qualtrim.com/

00:00 SpaceX Incredible IPO

15:20 Nvidia's Amazing Earnings Report

16:17 Why I'm Selling Intuit

21:25 Fail Of The Week: Trevor Noah on Quarterly Reports

-Disclaimer

Some of the links below are affiliate links, I can earn money from them at no cost to you.

This content is not a solicitation, is not endorsed by M1, and was not reviewed by M1; the opinions expressed are solely those of the authors and do not reflect M1's views. Information presented is accurate as of the video posting date; for the most up-to-date information, please refer to m1.com. Before making any investment decisions, consult your personal investment, legal, and tax advisors, as this content is for informational purposes only and not intended as investment recommendations.

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

Join Here: https://www.qualtrim.com/

📚 My favorite Investing Books: https://amzn.to/3KwyIhG

📷 All the tech I use to record videos: https://www.amazon.com/shop/josephcarlson/list/2L5YMP4DFYA8O?ref_=cm_sw_r_cp_ud_aipsflist_aipsfjosephcarlson_FAKKKMYKF486ZR6H2DSQ

🚀 Growth Portfolio: https://click.linksynergy.com/deeplink?id=5mNcifgFllM&mid=50362&murl=https://dashboard.m1.com/share?token=39d17ae6-4a4a-3fc4-bb15-d86abe3fbb67

💵 Dividend Portfolio: https://click.linksynergy.com/deeplink?id=5mNcifgFllM&mid=50362&murl=https://dashboard.m1.com/share?token=3b283352-1bff-31d9-8576-f5770c2bfdfd

SOCIAL MEDIA

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

🎥 More free content: https://www.youtube.com/channel/UCbta0n8i6Rljh0obO7HzG9A

🐦 I post random thoughts on Twitter too: https://twitter.com/joecarlsonshow

DISCLAIMER

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀

I am not a professional investor and have never claimed to be. I'm an amateur investor sharing my experience of what I've learned, where I have had success, and where I've had failures. I share my thoughts on investing and performance with transparency. My approach and goal to investing is to buy high-quality long-term investments in world-class businesses that I call "compounders". I view my investments as businesses, not as stocks. Before creating content on YouTube full time I worked as a senior-level programmer for 8 years. Over the years as a programmer, I compounded my knowledge of development. I take the same iterative learning approach to my study of investing. I study investing as a craft in the continual pursuit of being better. I will make mistakes in investment decisions from time to time. Results are not guaranteed. Please do not blindly follow me into any investments, and make sure your portfolio and investments are built around your specific income, risk tolerance, personality, timeline, and overall circumstances.