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💥 SpaceX has been listed for a week, and Musk's net worth has surpassed one trillion dollars! The entire crypto community is watching this line!
$SPCX From 135 to 160, market value soared to 2.1 trillion. Starlink users exceeded 12 million, and the Starship reuse cost was pushed down to $2 million — this is not just a pie in the sky, but a real cash flow machine.
$TSLA Fluctuating around 395. $BTC Trading sideways at 64k, today’s geopolitical news about US-Iran negotiations caused swings back and forth, a nightmare for short-term traders, but just now the latest news is that the Iranian delegation has left Switzerland and returned, the first round of talks was quite good, waiting for the next negotiation!
But what really excites me — Musk’s “XAI brain + Starlink neural + Tesla body” closed loop is turning from concept into reality. Optimus is about to go into mass production, Neuralink is advancing in clinical trials. Once operational, the entire valuation system will need to be recalculated.
Remember: when everyone is watching SPCX, the real alpha often hides in the unnoticed corners.
#美伊谈判第一轮结束
The reference point is Tesla — 16 years since going public, with zero dividends; Musk's own words: "Retain all earnings for growth, not planning to pay cash dividends anytime soon."
SpaceX is even more extreme than Tesla: Starlink is still burning cash, Starship production line costs 180 billion, TerraFab chip factory has a long-term estimate of 119 billion, orbital data centers are a completely new species — positive free cash flow is difficult to achieve, let alone distribute dividends.
💡 So, the statement "dividends not paid for 5-10 years" is somewhat optimistic. A more accurate interpretation: throughout the entire public listing lifecycle (10+ years), dividends are likely not paid, and returns can only come from capital gains in the stock price itself. The prospectus also states — "Investors seeking cash income will not receive dividends; the only possible return is an increase in the market price of Class A common stock, which may not happen either."
The institutions they previously invested with had very cheap chip-in prices. While the NASDAQ index is rising, SpaceX is falling, and the money has already left to buy other assets—there’s also OpenAI… There are several such IPOs; the people behind them won’t come back in the short term. After that, the price here keeps dropping; they make money in other IPOs. Retail investors watch those IPOs make money, but they still have to run—especially running at very low prices!