Just now, SpaceX secretly submitted the S-1 form for its IPO application, codenamed Project Apex. Currently, 21 banks are grouped together with a target valuation of $1.75 trillion. Last year's revenue was 16 billion yuan, and this year's optimistic estimate is 20 billion yuan, This valuation corresponds to 100 times faster PS. Apple is only 8 times, Nvidia's peak is over 30 times. Musk's big cake is really too expensive. There is another detail: Musk said he wants to distribute 30% of SpaceX's share to individual investors. It sounds very leek friendly. I am quite skeptical about late night deals. When do we need to attract retail investors to join us for a really popular deal? After all, this $75 billion plate, the largest IPO in history, Most likely, institutions alone cannot handle this amount. Depu has a sentence for everyone: When you can't find the scapegoat on the table, the scapegoat is yourself.