DD: The SpaceX IPO Is the Largest Controlled Demolition in Financial History

Listen up, this is a wild one but stay with me,

Everyone keeps asking why SpaceX needs a $2T valuation. Wrong question regards. It’s not ‘Why is SpaceX worth $2T?’ It’s ‘Why does Elon need every ETF on Earth trapped in the same trade?’

Freedom Cities are moving too slowly. The Network State crowd is still giving TED talks. The dollar is somehow still alive. The market is still rampaging

So what do you do?

You scam IPO SpaceX at $2T, but not because it’s worth $2T. Because you need every ETF, pension fund, boomer retirement account, and finance regard on Earth trapped in the same trade.

Then you wait

You let the passive funds buy

You let the analysts raise targets

You let CNBC explain why 100x revenue is actually conservative if you believe in interplanetary GDP

Then one day: the largest wealth transfer in modern history occurs from one guy. Elon sells it all. SpaceX, Tesla, everything

Market crashes, retirement accounts disintegrate, congress holding emergency hearings

And right when everyone loses faith in the system, Elon appears via Starlink from Argentina and says:

“Many people are saying the US had a good run, but have you considered governance as a service?”

Suddenly:
\- Communications run on Starlink
\- Information runs through xAI
\- Payments run on crypto
\- Freedom Cities become the stable alternative
\- Curtis Yarvin cums
\- The dollar rivals zimbabwe

Bullish short term, Bearish long term