Billionaire investor Ron Baron says he placed a $1B order for $SPCX IPO shares and has no plans to sell in his lifetime.
He believes SpaceX can grow to ~$20T over the next 10-15 years with Starlink alone potentially doing $1T in annual revenue.
“I ALL IN’d into $SPCX IPO because Elon said they’d make $20T in revenue by 2030, do you know him ? As a CEO I mean, he roots for the small guy. 30% of the offering was reserved for retail, he didn’t mean to fuck me he’s a solid dude”
“I ALL IN’d into $SPCX IPO because Elon said they’d make $20T in revenue by 2030, do you know him ? As a CEO I mean, he roots for the small guy. 30% of the offering was reserved for retail, he didn’t mean to fuck me he’s a solid dude”
In 2017 we had FAANG
In 2023 we had Magnificent 7
In 2026, with the likes of $SPCX $AVGO $MU all larger than $1 trillion market cap and obviously representative of the new economy... we need a new term?!
$SPCXC onsolidation at $149: The September 9 Unlock Cliff Awaits. 🚨
$SPCX is currently consolidating around $149 -sitting +10% above its IPO price, but still down -34% from its ATH. Daily volume has compressed to 40% of its average as the market holds its breath for September 9, when the Day-90 tranche of 319 million shares unlocks.
The Great Fundamental vs. Structural Divide:
The Bull Thesis: Fundamentals remain aggressive—targeting a $100B ARR path, securing $26B in AI defense contracts, and scaling 12M Starlink subscribers.
The Bear Thesis: Balance sheets show a -$25B Free Cash Flow burn, a brutal 235% CapEx-to-Revenue ratio, high customer concentration, and a massive incoming supply overhang.
The September Outlook:
The Bull Case: If the market absorbs this 319M share unlock as seamlessly as it absorbed the August wave, the stock has a clear technical path to retest $175+.
The Bear Case: If insider selling hits the order book en masse, the $132–$135 support zone comes into immediate view.
September is the definitive battleground for SpaceX's post-IPO price discovery.
Follow + 🔔. Real-time unlock and order book tracking.
Elon Musk has reportedly shaken up the SpaceX $SPCX team building the company’s data centers in recent weeks
Musk reportedly replaced several leaders with executives from SpaceX’s rocket and satellite internet businesses - The Information