⚡The biggest IPO in history is coming: @elonmusk's SpaceX might go public on Nasdaq on June 12! With a valuation of $1.75 trillion, it's twice the size of Saudi Aramco, the second-largest IPO in U.S. stock market history. Comparison with traditional aerospace giants: Boeing's market cap barely exceeds $100 billion, and Lockheed Martin is just over $600 billion. One SpaceX is worth 3 Lockheeds or 17 Boeings. Many believe the valuation is overhyped—ringing the bell might as well be ringing the death knell for U.S. stocks. But when it comes to monopolistic companies like this, the U.S. stock market has endless imagination for premium pricing. The scariest part? This year, there are also super unicorns like OpenAI and Anthropic, both valued at over $1 trillion, waiting to go public. In short, Nasdaq this year is one big systemic gamble. I'm wondering if I should buy some commercial aerospace stocks to calm my nerves!