SpaceX Is Worth $2 Trillion — By the Math, That's Insane | The Trillion Dollar Frontier Pt 1

Business Onion · 2:41

In June 2026, SpaceX pulled off the largest IPO in history — and within days the market valued it past $2 trillion, more than 100× its sales. By every traditional measure, that's a bubble. So why did even the analysts calling it a bubble tell clients to buy? Because you're not buying what SpaceX sells today. You're buying a bet that Elon Musk does the impossible again — like he did with reusable rockets, with Starlink, with electric cars. Part 1 of 4. ▶ Follow for Part 2 — what he's actually trying to build. Some scenes are AI-generated cinematic illustrations. Figures reflect public reporting as of June 2026; analysis, not investment advice.