Michael Saylor says the upcoming mega-IPO wave could trigger a massive capital rotation.
Wall Street needs hundreds of billions in cash for historic AI IPOs which could force investors to sell liquid assets like credit, SaaS and even Bitcoin.
SpaceX IPO is Cleared for Takeoff
Here's the latest as of today:
➡︎ Which month will the SpaceX IPO happen?
June - 93% on Polymarket
Roadshow starts June 4, pricing June 11, trading begins June 12 on Nasdaq (ticker $SPCX)
Why is the market still pricing 7% for July?
Classic insurance. Bankers always leave a small buffer in case the SEC wants last-minute changes or the market gets choppy.
➡︎ Closing market cap on first day of trading?
Above $2T - 68% on Polymarket
The filing targets $1.75T. But up to 30% goes to retail investors, plus huge hype and the Musk effect.
That should deliver a strong first-day pop. Bankers are already floating valuations above $2T to potential investors
➡︎ How much will SpaceX raise in the IPO?
My base case: $70-80 billion (currently 24% on Polymarket)
All fresh reporting points to $75 billion. That would instantly become the largest IPO in history (2.5x bigger than Saudi Aramco)
This isn't just an IPO. This is the moment a company that controls around 80-85% of all commercial space launches goes public and could immediately break into the top 10 largest companies on the planet.