Stock returns since IPO
Source: Stocks World
SpaceX’s IPO pitch might be the boldest AI bet Wall Street has ever seen.
Goldman Sachs is reportedly projecting: • SpaceX valuation target: $1.78 TRILLION • AI revenue growth: from $3.2B → $322B by 2030 • Total company revenue: from $18.7B → $474B • EBITDA: from $6.6B → $352B Let that sink in. The most shocking part? By 2030, Goldman expects SpaceX’s AI business to generate MORE than: Starlink Rockets Space operations combined Translation: SpaceX is no longer being pitched as a space company. It’s being pitched as an AI company with rockets attached. But here’s the catch: For these projections to work, Grok would need to outperform OpenAI, Google, and Anthropic in: • Coding • AI agents • Cybersecurity • Enterprise AI • Consumer chatbots That’s an enormous leap — especially for a business currently losing billions and struggling for adoption. Still, this tells us something important: Wall Street is no longer valuing companies based on what they are today. It’s valuing who could dominate AI tomorrow. The AI race is officially rewriting how trillion-dollar companies are built. And investors are willing to price in the future before it exist
Just for reference the market cap of the entire stock markets
• UK: ~$3.94 trillion • France: ~$3.45 trillion • Germany: ~$3.04 trillion Europe is becoming really poor. Source: Michel A.Arouet
marvel $MRVL is up 245% since Nvidia announced a $2 billion investment on March 31 and has added $224 billion to its market cap in just 66 days.
Just 3 days ago Jensen Huang said "This is the next trillion dollar company." Since that single sentence, MRVL is up another 65%. At $278 billion today, Marvell needs to 3.6x from here to reach $1 trillion. Source: Bull Theory
Vanguard S&P 500 $VOO becomes the first $1 trillion ETF in history
Source: Hedgeye, Bloomberg
SpaceX $SPCX to IPO at $135 / share, with 555,555,555 shares available
Source: Trend Spider
The King of Tech... $EEM iShares Emerging Markets ETF isn't what it used to be.
Many still view it as a commodities and old-economy EM trade, but the ETF has quietly evolved into a tech beast driven by semiconductors and AI-related exposure. Source: TME, Bloomberg
That was quick... The S&P Tech sector's trailing 12-month P/E ratio has jumped from roughly 32 to 48 since the 3/30 low.
Source: TME
