Founder of @Starcloud_ (first datacenter in space) says we’ll look back on the $SPCX IPO as one of the most undervalued in history
@PhilipJohnston saying $10T in a few years then infinite TAM & monopoly on all space businesses
Something worth listening to
You’re a fool to bet against Elon Musk.
I’ve watched people make that mistake for years.
They bet against Tesla.
They bet against SpaceX.
They said reusable rockets were impossible, EVs would never go mainstream, and Elon’s companies were always “overvalued.”
Now look at where we are.
SpaceX went public at $135 per share. Today, analyst price targets range from $63 on the bearish end all the way to $800 on the bullish end.
The average targets sit around $189-$214, while major firms have targets of $300, $401, and even $800.
FYI, that $800 target would put SpaceX at roughly a $10.5 trillion valuation.
Will it happen? Nobody really knows and anyone that claims they do does not know what he/she is talking about.
But I know one thing...
I didn’t invest over $1 million into SpaceX bc of where the company is today. I invested because of where I believe Elon and the SpaceX team are taking it.
Starlink. Starship. Global internet. Space infrastructure. Mars. Technologies and markets that most people still can’t fully understand or value.
People will continue calling Elon’s companies overvalued.
I’ll continue betting on the man who keeps turning “impossible” into reality.
You’re free to bet against Elon Musk.
But for me, Elon has never let me down.
This is a $100T company in the making...
I came to the US for the first time 20 years ago. Grateful to now call this exceptional country home🙏 Happy Birthday America! 🇺🇸🚀
(At the time I thought this was the White House😅)