Mega Caps And Index ConcentrationConcentration Point

SpaceX IPO valuation above 2 trillion compared to mega caps

April 3, 2026The Kobeissi Letter, unusual_whales, Evan

Many posts repeat Bloomberg-sourced claims SpaceX is targeting a 1.75 to 2 trillion valuation, comparing it to Nvidia, Microsoft, and others and debating whether the implied price-to-sales is a bubble-level multiple.

BREAKING: SpaceX has boosted its target IPO valuation to above $2 trillion, per Bloomberg.
SPACEX HAS OFFICIALLY FILED FOR AN IPO. SpaceX Revenue — $15B, targeting a $1.75T valuation $META Revenue — $200B, currently at a $1.45T valuation
SpaceX wants a 116x price-to-sales ratio at IPO. Amazon trades at 3x. Google trades at 6x. Nvidia trades at 22x.
SpaceX is rumored to be going public at a $2 Trillion valuation … at $2T SpaceX would be the 6th largest public company in the world 🥇Nvidia $NVDA ($4.3T market cap) 🥈Apple $AAPL ($3.8T) 🥉Google $GOOGL ($3.6T) 4. Microsoft $MSFT ($2.8T)
The Kobeissi Letter
unusual_whales
Evan
Beth Kindig
Manpreet Kailon
Wall St Engine
Yahoo Finance
amit
IPOvaluationcomparablesspacexmetanvidianvdamsftbloomberg

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