EPISODE · Jun 12, 2026 · 7 MIN
SpaceX Breaks the Market
from The Daily Drawdown
This deal was huge even before the first trade. Then the stock jumped, the valuation pushed into multi-trillion territory, and the real debate became whether investors bought a space company, an AI infrastructure play, or both.The deal and the first printWhy the valuation fight is so intenseMusk, employees, and the floatRetail access and market plumbingThe business investors are really paying forWhy orbital compute is the swing factorWhat could block the bull caseWhat to watch nextThis podcast was created with Podkey. Make your own at https://podkey.fm
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SpaceX Breaks the Market
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