Episode Details

Elon Musk’s lunar and Martian city dreams are heating up Wall Street, as SpaceX ETFs—some even doubling down on the bet—explode in popularity, despite the company’s sky-high valuation and questionable fundamentals. With a trillion-dollar revenue target by 2030, SpaceX’s stock barely budged after its first earnings call, hinting the market may already be pricing in Musk’s grand vision. While Tesla’s IPO-era scale was just $1.7 billion, SpaceX starts at over $1.75 trillion—making its growth path feel like a different kind of rocket ride. But analysts warn: with such lofty expectations and extreme volatility, SpaceX’s public market journey might be more speculative than solid.

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