Tonight's move in SpaceX stock, $SPCX, pushes Elon Musk's net worth above $1.3 trillion.
This means Elon Musk is now worth more than the market cap of all but 12 public companies in the world.
SpaceX and Tesla combined are now largest than Apple by market cap.
We are witnessing history.
The Kobeissi Letter: Absolutely incredible.
SpaceX, $SPCX, is now trading above $220/share in overnight trading.
This makes SpaceX worth nearly $2.9 TRILLION, less than $100 billion away from surpassing Microsoft.
This also puts SpaceX up +63% from its IPO price of $135/share.
Furthermore, the
The post celebrates SpaceX (SPCX) overnight trading above $220/share, valuing the company near $2.9T and pushing Elon Musk's net worth above $1.3T. It claims SpaceX + Tesla combined now exceed Apple's market cap and that SpaceX is up 63% from its IPO price of $135.
Post expresses euphoria over SpaceX's overnight price surge to $220+ and rapid valuation growth. However, external data shows current price at $192.50 (+19.6%), not $220 — the post appears to reference overnight/pre-market levels that have not held. Market cap in external data is ~$2.5T, not $2.9T. Recent news confirms strong IPO performance and market enthusiasm. The post lacks fundamental catalysts or business rationale beyond price movement and wealth milestones. Confidence is moderate-low because the stance is based on price euphoria and round-number milestones rather than operational fundamentals, and the claimed overnight price does not match current quote.
行情 $192.5 ▲19.6024%
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