Is SpaceX the Future or a Bubble?

Summary

SpaceX IPO broke records with a $3 trillion valuation, making Elon Musk the first trillionaire. The hosts discuss the company's $60 billion stock-based acquisition of Cursor, its 4% public float, and an aggressive unlock schedule that could cause volatility. They express extreme long-term bullishness on SpaceX while acknowledging near-term risks, and Ejaaz flags Google and NVIDIA as overlooked competitors.

• SpaceX IPO launched at $135 and surged 50% to over $200, reaching a $3 trillion market cap.
• Only 4% of shares are publicly traded, with large unlocks of 4.4x the float in 90 days and 56% in 180 days.
• Elon Musk acquired AI firm Cursor for $60 billion in an all-stock deal, effectively for free due to the inflated share price.
• Both hosts are highly bullish long-term on SpaceX, citing its vision, revenue potential, and market-cap growth probabilities.
• Short-term traders may also profit from current retail demand and front-running the unlock events.
• Ejaaz highlights Alphabet (Google) as an underappreciated vertically integrated AI player that is 'very slept on.'
• Ejaaz notes NVIDIA's expansion beyond GPUs into CPUs and space-ready hardware, making it more than just a chip play.
• The episode ends with a call for audience feedback on whether the hosts' bullish stance is right or wrong.