Busher Jackson

Backcountry Dweller
Visuals•Adventurer•Canines
Life is too short..be sure to live it

[Busher Jackson @mtn_operator]

@AzPetrich The Raptors didn't decline, they're from Toronto Canada why would they visit the President of United States....

[✞🎀TrumpGirlOnFire 🔥 @TrumpGirlOnFire]

This is legitimately the best thing I’ve seen on the internet today

😂The Obamas just got absolutely cooked in the funniest way possible. I can’t even breathe

[Busher Jackson @mtn_operator]

@TWilsonOttawa Now its a 2 Billion Dollar red line in the Canadain Budget

[Busher Jackson @mtn_operator]

@BarDown Never a lock look at @TheoFleury14. Has all the hardware and still not in! The HOF is all politics

[Busher Jackson @mtn_operator]

@NBA @BenStiller @nbafinalstrophy Why do celebrities get to celebrate this. The players won it, all the sacrifices they've made to get there, let them do it with the people that mattered in their lives.

[Busher Jackson @mtn_operator]

@FinXRob I think a lot of people are playing the waiting game

[Leviathan @l3v1at4an]

A Toronto Police officer is dead & Mayor Olivia Chow, who claims to know the wife for 20 years, says:

"They Are Very Much In Our FARTS"

This woman is a incompetent living joke.

[Logan Weaver @LogWeaver]

BREAKING: SpaceX is set to IPO on June 12 at a $1.77 trillion valuation.

$75 billion raise. $135 a share. Ticker SPCX on the Nasdaq.

If it prices at those numbers, it will be the largest IPO in human history.

And the math behind it should make every retail investor stop and think.

Here's what's actually being priced in, and what nobody on finance Twitter is telling you:

SpaceX generates roughly $15 billion in annual revenue.

A $1.77 trillion valuation on that is a price-to-sales ratio of 118x.

For context, traditional aerospace companies trade at 2x to 6x sales.

Big Tech mega-caps generally trade between 10x and 30x sales.

Nvidia, in the middle of the most hyped AI buildout in history, sits well below 118x.

The SpaceX IPO would price the company at roughly 4x the sales multiple of the most expensive megacap on the board.

That is not pricing a company.

That is pricing a thesis.

The thesis goes like this:

Starlink becomes the dominant global ISP, sitting above every legacy telecom on the planet.

Falcon 9 and its successors hold a near-monopoly on orbital launches.

Starship unlocks lunar contracts, defense logistics, space manufacturing, and eventually Mars.

All three play out. Over decades. Without major execution failures.

If every assumption hits, the bull case Ron Baron has floated puts SpaceX at $10 trillion to $30 trillion in future market cap.

That is what you're actually buying at $135 a share.

Not a $15 billion revenue business.

A 20-year compound bet that one company dominates three separate industries simultaneously.

Now here's the part the headlines are skipping.

Pre-IPO investors who got in during the December 2025 tender offer paid the equivalent of $84 a share after the 5-for-1 split.

Insiders have a $3.75 billion share allocation with no lockup. They can sell on day one.

Retail gets 30% of the public float at $135.

That is 3x the normal mega-cap allocation for retail, with a dedicated retail event the day before listing.

Three tiers, three different prices, same company.

This is the structural reality of every megacap IPO.

Institutions and insiders get the early entry.

Retail gets the public float at the marketed price.

Nothing about that is unique to SpaceX. It is how the system is built.

The wealthy understand this and treat IPOs accordingly.

They wait for lockups to expire, watch how index inclusion changes flow, and size positions to the structure rather than the headline.

Most retail investors do the opposite.

They see the biggest IPO in history, hear the trillion-dollar valuation, and click buy on day one.

By the time the index inclusion announcement comes through and the passive funds have to buy, retail has already paid the highest price in the stack.

Here is what makes SpaceX worth watching, regardless of what you decide to do:

Starlink is genuinely one of the most impressive infrastructure businesses ever built, Falcon 9 has rewritten the unit economics of getting to orbit, and Starship is the most ambitious aerospace program in history.

If even half of what Musk has signaled actually plays out over the next 20 years, the long-term case is real.

The question is not whether SpaceX is a great company.

The question is whether the price you pay on day one of a frenzied IPO leaves any room for compound returns over a decade.

Buying a great company at the wrong price is still buying the wrong price.

The investors who win this trade will not be the ones who tweeted hardest about it Friday morning.

They will be the ones who had a system, sized accordingly, and ignored the noise.

Surmount helps you automate your investments with rules-based strategies built on data, not hype cycles.

[Investing With Brandon @Invest_Brandon]

THE STOCK MARKET IS ABOUT TO MAKE "AVERAGE JOES" MILLIONAIRES

[Busher Jackson @mtn_operator]

@FoodProfessor Tims has made their bed. It isnt Canadana anymore. I'll run on dunkin

[Busher Jackson @mtn_operator]

@cryptomanran When F1 Drivers were men

[Busher Jackson @mtn_operator]

@Steve_Dangle How is this possible. I'm born in 86'

[Busher Jackson @mtn_operator]

@TWilsonOttawa @sigsauerinc I wish I had bought handguns before the freeze.😮‍💨

[Busher Jackson @mtn_operator]

@ev_sporer Cuz Ehlers doesnt get clicks Marner does. Even though leaf fans dont give a shit anymore

[ᴛʀᴀᴄᴇʀ @DeFiTracer]

🚨 BREAKING:

NVIDIA CEO JENSEN HUANG JUST SAID LIVE ON CNBC:

"INVESTING IN SPACEX, ANTHROPIC AND OPENAI WILL BE SIMILAR TO BUYING $AMZN, $GOOGL, OR $META IN THE EARLIEST DAYS."

THIS GUY RUNS THE WORLD’S LARGEST COMPANY WITH $5.43 TRILLION CAPITALIZATION

HE DEFINITELY KNOWS SOMETHING!!

[Busher Jackson @mtn_operator]

@OverDrive1050 @frankcorrado22 Tell @odognine2 about the app alltrails. Its free and gives you hikes/trails whereever you are!

[Busher Jackson @mtn_operator]

@IanRunkle Tim's has been horrible for the last 10+ years. Looking forward Dunkin Doughnuts to come to Canada. + plus the company thats bringing them here is Canadain.

[Spittin' Chiclets @spittinchiclets]

If Vegas wins the Cup, Bruce Cassidy deserves some jewelry too 💍

[Busher Jackson @mtn_operator]

@WallStreetApes Time to use cash, been using it forever.

[Busher Jackson @mtn_operator]

@espn @emilymkaplan So if they win, does Bruce Casidy get his name on the cup and a ring