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π BREAKING: SpaceX IPO ready for blastoff

The 5 Space Stocks to Watch Right Now
Before Tesla's 2010 IPO, early EV suppliers surged as institutions positioned ahead of the listing. SpaceX is targeting a summer IPO at a $1.75 trillion valuation and the same institutional flow is starting now.
Our research team screened every publicly traded technology company for direct thesis exposure. Five names made the cut.
A $50B launch provider with triple-digit government contracts
A $31B satellite operator building global mobile coverage
A $4B lunar infrastructure company with NASA missions already completed
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BREAKING NEWS
π SpaceX Is Going Public. It Could Be The Biggest IPO In History.
The most anticipated company of the last decade just filed its paperwork with the SEC. SpaceX is going public. The ticker is $SPCX. It hits the Nasdaq on June 12, with shares priced on June 11. Mark your calendar.
The numbers are not normal. SpaceX is looking to raise $75 billion at a $1.75 trillion valuation. The biggest IPO ever recorded was Saudi Aramco in 2019 at $35.4 billion raised. SpaceX wants to more than double that. In a single afternoon.
Now here is the part nobody is talking about enough. Anthropic is paying SpaceX $1.25 billion every single month to use its data centers. That is $15 billion a year from one customer. SpaceX's total revenue for all of 2025 was $18.7 billion. One contract. Almost an entire year of revenue. Before a single share has ever traded publicly.
What does this mean for regular investors? Up to 30% of shares are being reserved for everyday people. That almost never happens at this scale. Most mega-IPOs go almost entirely to big institutions and hedge funds before retail investors see a single share. This time, Musk has specifically said he wants regular people in at the start.
The catch is price. At $1.75 trillion, SpaceX would be pricing itself above every company on earth except a handful. The stock will almost certainly open higher than its IPO price on day one. That means anyone who does not get in at the IPO price could be buying something that is already expensive before the opening bell even rings.
Elon Musk keeps 85% of the voting power through a special share class. You can own a piece of the business. You just cannot influence a single decision he makes with it.
Starlink already has over 10 million subscribers and is adding up to 1.5 million new ones every month. That is a consumer business growing faster than almost anything else on the planet.
SpaceX plans to begin deploying data centers in space as early as 2028. Rockets were just the beginning.
The Munch Take: The most staggering part of this story is not the record valuation. It is that one AI company is already paying SpaceX $15 billion a year before a single share has traded publicly. The business is already enormous. The stock market is just now catching up. The real question for retail investors is not whether SpaceX is a great business. It clearly is. The question is whether you want to pay the most expensive entry price in IPO history for it on day one. My wife said she wants to buy it because she likes rockets. That is genuinely as good a reason as anything I have read in an analyst report this week.
BREAKING UPDATE: Elon Musk Just Filed the SpaceX IPO (Ad)
It was supposed to be confidential...
But it's become the worst-kept secret on Wall Street.
Right now, 21 banks are lining up to underwrite the $1.75 TRILLION deal - JPMorgan, Goldman Sachs, Morgan Stanley.
June is the target date for launch...
That gives everyday Americans a small window to get positioned before Wall Street insiders gobble up all the profits.
SMART MONEY WATCH
πThe Man Who Called The Housing Crash Is Buying Yoga Pants. Heβs Down 37%.
Michael Burry β the investor who bet against the entire US housing market before 2008 and made a fortune while everyone else lost everything β has been quietly buying Lululemon ( $LULU ) β since August 2025 β a premium athletic apparel company best known for yoga pants. He bought 50,000 shares. The stock is down 37% since he disclosed the position. His most recent purchase came in at around $120 on May 18th.

π The Bull Case:
Lululemon's international business is still growing. China alone did over $1 billion in a single quarter. The brand is not broken. Itβs just broken in America, which is a problem for another day.
The stock has been cut nearly in half and Wall Street's average price target is around $179. Thatβs close to 50% upside from here. Burry doesnβt buy things he thinks are going to zero.
Board members and company leadership have been buying shares with their own money on the way down. People do not write personal checks for stocks they think are dying.
π The Bear Case:
Sales in North America dropped 4% last quarter and profit margins fell sharply. Tariffs are eating into the numbers. The home market is bleeding.
The company is in a public fight with its own founder. Chip Wilson built Lululemon from scratch and is currently telling anyone who will listen that the board has no idea what itβs doing. Thatβs not a great look.
Lululemon used to grow revenue at over 20% a year. Itβs now growing at 4%. The brand that could do no wrong has apparently figured out how to do wrong.
The Munch Take: Burry has been early before but on a long enough timeframe, tends to be right about almost everything. He saw 2008 coming while the whole world laughed at him, sat through the pain, and cleaned up on the other side. Buying a beaten-down brand when everyone else is running for the exit is exactly what he does. My wife heard Lululemon was down 62% and said "that's fine, I'd just buy more." She has never bought a stock in her life. She has, however, bought four pairs of leggings this year. Burry sees the same thing she does.
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