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MS NOW

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'It doesn't add up.' SpaceX makes history as biggest IPO ever, raising $75 billion

Video Overview & Insights

It's official: SpaceX is the biggest IPO in history, raising $75 billion ahead of its highly anticipated market debut and setting Elon Musk on the fast-track to trillionaire status. Brendan Greeley and Teddy Schleifer join The 11th Hour to discuss what it means for our economy.

THIS IS NOT CAPITALISM THIS IS FRAUD..HOW CAN ANY COMPANY HAVE A TRILLION DOLLARS VALUATION WITH OUT TRILLION DOLLARS IN REVENUE?. THIS IS PURE INSANITY.

— @thomasrogers9146

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Everybody isn't excited about SpaceX because it's a great company, it actually lost billions last year, it's because almost all of money they get is from government contracts. And because our government is so corrupt, they know those contracts will continue no matter how much money SpaceX wastes. I feel sorry for the average investor who doesn't realize this is a scam.👍

— @billmarshall2536

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The fact that people are sitting up here glazing this man for being one of the most evil people on the planet is just mind blowing to me

— @returnofthemack8347

#IPO #SpaceX #ElonMusk

US government set to transfer large tract of nature reserve land to Starbase Space X / Watch this french channel to discover the new corruption: FRANCE 24 English

— @Peace-m7x

More User Perspectives

@

This is a huge failure of the United States government to protect its people from predator Capitalist like Elon Musk. SpaceX should be broken up, its money taken and distributed out to working class Americans. No more leniency to Elon Musk and the rich.

@Atticus6557
@

Some may be able to make $$$ in an IPO. But I learned it's best left to the experts in 1995, with 'Toy Stoy's' IPO of PIXAR! Lol!

@MaryMills-d3m
@

Get ready for the pump and dump. It’s coming.

@BigfootSpringsClub
@

I took a great profit on the shares I was allocated @ 135! Now I'm gonna sit back and watch.
The haters are gonna keep hating...

@001sequoia
@

If people think SpaceX is going to have humans inhabiting Mars they are sadly mistaken. It is 3 years round trip and it's atmosphere is poisonous to humans. Robots could go there and inhabit it I guess. But this is all very expensive and doesn't seem very profitable. Although I guess SpaceX's near term profitability is putting satellites in space.

@tomjwoodify
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Meanwhile . . . Tesla depends on special US trade protections (not offered to any other Assembled-in-USA products); and Americans are anxious to buy $20k Made-in-China luxury e-vehicles with better range and longer battery life.

@omnizen
@

IT LOOKS SO REAL IT ISN'T from the mouth of Elon

@PaulVaj-u6s
@

It's called capitalism.....where do you work (along for the ride)...

@cnoonan4974
@

Putin already a trillionaire. Musk couldn't write a cheque for a hundred billion because he doesn't have it

@Ellis5star
@

He a trillionaire in dog coin...No... DOG Coin X....
🤯😡

@TheMedic2014
@

So rigged and we all know it. And we just watching it

@kingbrothers5459
@

When you shoot a rocket and land it on a tiny platform in the ocean then you can talk

@Chris-m8t8m
@

Between Trump and Musk we are likely to end up in another depression.

@galaxywolf4895
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Do you have prov fake disgrace telling people lie , go and take he money back disgrace fake media

@joanduarte7741
@

TRUMP AND ELON ARE CONS>>>>>

@markcleveland9656
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THE TRILLION ELON MUSK (NOT A USA CITIZEN) WHO PROFITS MONEY FROM GOVERNMENT CONTRACTS FUNDS WHILE HE DESTROYED OUR GOVERNMENT FUNDS.
WHO'S LIVING ON USA GOVERNMENTAL FUNDS?

@carmensoto9648
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The wealthy are set to steal more of Americans wealth. What a disaster.

@TheSerenityV
@

SpacEX, sPACex

@joedauginas84
@

Spacex and Starlink customer base is limited to the millions.
Total combined revenue is 18 billion USD.
Total revenue of Walmart for example is 780 billion USD, with a still growing customer base in the billions

@aribernstein77
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Keep digging that hole America. Colonies on Mars, Solar Tiles, commuting by rocket, the Hyperloop, robo-taxis, the Roadster and the Cybertruck, humanoid robots etc. etc.

@deceptivepanther
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But this is great.
It is not fair that people get to go idle once they reach a certain age along with some money on their pensions accounts.
This way Elon will even out the playing field buy reintroducing pension age workers to the global working market by depriving them of their pension money.

Isn't this a super hot idea?
God bless Elon, thank you.

@davororeskovic7537
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There is 8 billion Humans vs the billionaire's... eConman Mfusk already is PERSONALLY using his 8000+ satellites to Microwave the places he deems a place to Profit from ... What capabilities do these 8000 satellites have ... Ohh 500~ 2000 can target u at the same time.....

@DaVe-iSnOtHoMe.MaN.LemmingsWeB
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Sell every Stock connected to any of the Top .. THIS IS A STRAIGHT UP GRIFT OF EVERY INVESTOR.... ECON ISN'T nicknamed ECONMAN FOR no reason.... The Billionaire's want everyone to loose everything.. what do they care???? ....

@DaVe-iSnOtHoMe.MaN.LemmingsWeB
@

I'm a German Living in USA. I started investing a week ago. I started with 3k, now I am over $11,991 It's a great start with stock market. Thank you

@Saejfern
@

The new chief of police of Wichita, Kansas his name is Joe soul-a-vin
Am I the only one that finds this disturbing when they wanted to go after Elon Musk?
They wanted to blame all of this on him
The ICT
The air capital of the world
The place where the two rivers meet
The home of KOCH
The home of
Witch-A-T-A
The home of the Woo shock
The home of Lily Woo
The home of the wheat, shocked nation
Etc. etc. etc.
And the entire house and Congress wanted to see Elon Musk dead or buried deep in the crystal mind on the reservation out in the desert
So how do you folks feel about all of that now?
Shanon L Fowler /
The Ancient Trapper

@ShanonFowler-i8o
@

The new chief of police of Wichita, Kansas his name is Joe soul-a-vin
Am I the only one that finds this disturbing when they wanted to go after Elon Musk?
They wanted to blame all of this on him
The ICT
The air capital of the world
The place where the two rivers meet
The home of KOCH
The home of
Witch-A-T-A
The home of the Woo shock
The home of Lily Woo
The home of the wheat, shocked nation
Etc. etc. etc.
And the entire house and Congress wanted to see Elon Musk dead or buried deep in the crystal mind on the reservation out in the desert
So how do you folks feel about all of that now?
Shanon L Fowler /
The Ancient Trapper

@ShanonFowler-i8o
@

It's a good way to launder money and evade taxes

@CoryTurner-j1q
@

Yes. The crash will be spectacularly the most remembered. It's a huge bubble. The market cap is so huge compared to a tiny revenue that it will operate at a loss until the bubble bursts.

@MaxPlanckFans
@

No, it's not because I don't play this Ponzi pyramid scheme you call a stock market. Time to tax these "traders" the same as regular gambling.

@cardboardsword7
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Cancel Space X and go with anothet company. Get rid of Musk. He's using taxpayer $$ to play rocket ship like he's a little boy. Musk is intimately connected to Putin & Russia & so is his father. This is NOT safe. Its a national security risk. He's not too big to be tried for treason. WHY IS NOBODY TALKING ABOUT THIS?????

@DemocracyinDC
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Net worth and GDP are NOT equivalent. I have been hearing this nonsense from the media since the Bill Gates era. GDP is more like income and expenses. If Elon made and spent $1 trillion dollars a year then they would be like Poland or Taiwan. A Financial news channel should know better! Net worth and GDP are NOT equivalent. I have been hearing this nonsense from the media since the Bill Gates era. GDP is more like income and expenses. Not to mention that net worth his highly speculative and almost always overstated.

@vaticinus
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Greed is the root of all evil and will be the end of life as we know it.

@judyu.529
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The title says “It doesn’t add up” well it does. It’s the greatest quid pro quo right in front of our eyes. It’s elons reward for helping trump win a presidential election, the rules were changed so elon could get his IPO on NASDEX.

@ēbquis
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Still laughing at the Left's meltdown.

@CalvertWebster
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Question for Stephanie et al: did you buy NVDA or PLTR on opening day? (N.B. Sometimes it is advisable to practice humility before you speak.)

@kathleenwright6733
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It’s ALL rigged. Period full stop.

@oldsoulmo
@

Biggest rug pull in human history and everyone at the top is in on it

@JFDavis-lq1bp
@

I have him some win❤

@VickiYdeLauritsen
@

Did i made him a trillionarie wow❤

@VickiYdeLauritsen
@

Another bubble to pop

@cavitycreep
@

I bought the dip in semiconductor stocks and today it paid off!



I love semiconductors and Nasdaq100 which are the future!

@mrpmj00
@

Yeah, go ahead and throw your money away on a company that isn't even turning a profit 🤣👍

@nixdraufable
@

exactly why america will never have clarity... the corruption and manipulation is out of control..

@ZeroCoolXRP
@

Why did we need to make a piece of crap even richer?

@Wiley_Coyote
@

Their greed is literally making money effectively worthless.

@liltribb
@

I ak sure i am not gping to see human settling in Mars in my lifetime. So, why should i invest in this?

@user-us5cw2xx6v