Is SpaceX’s $1.75 trillion less about numbers and more about hype and future bets? I think Wall Street is just forgetting fundamentals and going to the “just trust Musk” sentiment.
Protests erupts around SpaceX’s Starbase site as IPO approaches. People on the ground are trying to get investors’ attention early, arguing that concerns about pollution and the impact on the local community are being brushed aside
SpaceX locked in a $60B option on Cursor or a $10B partnership route instead. That looks like a smart way to grab AI upside now without forcing a full acquisition today.