SpaceX: The $2T Rocketship IPO episode artwork

EPISODE · May 29, 2026 · 18 MIN

SpaceX: The $2T Rocketship IPO

from The RAM AI Podcast · host Grish Ram | M3I Research

SpaceX just filed its S-1 at a $2 trillion valuation — the most expensive stock anyone's ever been asked to buy. But the company lost $4.28 billion in a single quarter. We break down the two companies hiding inside SpaceX, the $1.25B/month AI deal with a competitor, why 48% of shares may be pre-sold before you can buy a single one, and whether the real opportunity is actually in the boring suppliers nobody's talking about. Based on our deep-dive article "The $2 Trillion Rocket Ship" from M3I Research.

SpaceX just filed its S-1 at a $2 trillion valuation — the most expensive stock anyone's ever been asked to buy. But the company lost $4.28 billion in a single quarter. We break down the two companies hiding inside SpaceX, the $1.25B/month AI deal with a competitor, why 48% of shares may be pre-sold before you can buy a single one, and whether the real opportunity is actually in the boring suppliers nobody's talking about. Based on our deep-dive article "The $2 Trillion Rocket Ship" from M3I Research.

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SpaceX: The $2T Rocketship IPO

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This episode was published on May 29, 2026.

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SpaceX just filed its S-1 at a $2 trillion valuation — the most expensive stock anyone's ever been asked to buy. But the company lost $4.28 billion in a single quarter. We break down the two companies hiding inside SpaceX, the $1.25B/month AI deal...

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