⚡The largest IPO in history is coming: @elonmusk's SpaceX might go public on Nasdaq on June 12!

With a valuation of $1.75 trillion, it is twice the size of the second largest IPO in U.S. history, Saudi Aramco.

Comparing to traditional aerospace giants:

Boeing's market value just surpassed $100 billion, Lockheed Martin is just over $600 billion, one SpaceX is equivalent to three Lockheed Martin and seventeen Boeings.

It is widely believed that the valuation is overly high; ringing the bell is like ringing the death knell for U.S. stocks, yet the U.S. stock market has endless premium imagination for such monopolistic companies.

The scariest part is that this year there are also OpenAI and Anthropic, both valued over a trillion, waiting to go public.

In short, this year's Nasdaq is a systematic gamble, and I'm thinking about whether to buy some commercial aerospace stocks to ease my worries!

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