#SpaceX认购规模超2500亿美元

Space X is going crazy! The SpaceX IPO has already raked in over $250 billion in subscription demand—far exceeding the $75 billion fundraising target! Oversubscription is 3.5–4 times, causing a sensation worldwide and potentially setting a record for the largest IPO in history. Even the little Wealth God joined this possible “wealth-making movement.” I placed an order for 450U—let’s see whether Musk can turn my few thousand dollars into a Tesla. That counts as my belated Children’s Day gift 😀.

As for the market performance after SpaceX opens, I’m bullish for the following reasons:‌

1. Short-term capital-driven‌: MSCI has clearly stated that it will include SpaceX in the global standard index ahead of schedule, which is expected to bring allocation demand of trillions of dollars from passive funds. Combined with today’s market frenzy for AI infrastructure, the stock price in the early listing period could receive a significant boost.

2. Solid fundamentals in the core business‌: Starlink’s business model has been proven. Full-year 2025 revenue is $11.3 billion, up 50% year over year, and the operating profit margin is 39%. In the next 10 years, there is still room for growth in the hundreds of billions of dollars—this is the core support for valuation.

3. The AI business opens up room for imagination‌: SpaceX has proposed a plan to build an AI computing cluster by relying on space, and it has already secured nearly $45 billion in long-term computing orders from Anthropic. The market will likely compare it to tech giants rather than traditional aerospace companies, enjoying a higher valuation premium—long-term growth potential is unlocked.

For the opening price, I’m going to take a bold guess: it could reach $200, and later it may ultimately rise to $500!