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Put down the space glue and look at Bank of America ($BAC). SpaceX just dropped its S-1 filing for the massive June IPO at a $1.75 trillion valuation. What your smooth brains don’t realize is who actually owns the company outside of Elon Musk. BAC sits on the second largest private ownership percentage of SpaceX (beside JP Morgan). The market has not priced this in yet because Wall Street analysts are legally regarded. **2. It is Undervalued as Hell** Right …
— ORIGINAL POST ·
Why BAC is a great short term play for the upcoming SpaceX IPO
· r/wallstreetbets
· May 26, 2026